Paraguay and Uruguay Closer to US and Unhappy with Brazil and Argentina

Paraguay and Uruguay, the smaller nations of the five-country trade bloc Mercosur, raised renewed interest Friday, July 21, in bilateral trade deals with non-member nations.

Uruguayan Economy Minister, Danilo Astori, told reporters Thursday night that the nation remains interested in bilateral deals outside of Mercosur and Paraguay’s Foreign Minister, Leila Rachid, complained that slow progress on trade issues within the group was leading her nation to look elsewhere.

Mercosur trade integration has made "few advances" Rachid said during a speech on Thursday, ahead of yesterday’s presidential summit. She said economic integration needs to improve rapidly "or we will continue to do bilateral accords that are the real seed of Mercosur destruction."

Mercosur, formally known as the Common Market of the South, was founded in 1991 by Argentina, Brazil, Paraguay and Uruguay. Venezuela was formally inducted yesterday.

Paraguay and Uruguay frequently complain that their interests are neglected for those of larger nations Argentina and Brazil.

In recent months, leaders from Uruguay and Paraguay have expressed interest in one-on-one free trade accords with the United States, raising the ire of other Mercosur officials.

Presidents from the Mercosur nations were in the Argentine provincial city of Cordoba for a one-day summit yesterday. The Mercosur bloc has signed trade agreements with Cuba and Pakistan during the summit.

Mercopress – www.mercopress.com

Tags:

Ads

You May Also Like

Brazil Is Hip in Moscow

Today marks the start of the “Brazil-Russia Fashion” exposition, a presentation of Brazilian jewelry, ...

Brazil’s Tapeba Indians Want Their Land Back

For many years, the Brazilian State claimed that there were no indigenous people in ...

Brazil’s Lula Answers to Cardinal Who Called Him Chaotic

Answering to Rio’s Eusébio Oscar Cardinal Scheid, who called him “chaotic not catholic,” Brazilian ...

Two or Three Things Porto Alegre (Brazil) Taught the World

It’s not Paris or Tokyo, Beijing or New York. Nor is it São Paulo ...

Brazil Gets Ready to Cash Its Carbon Credits

Alongside India, Brazil holds a leadership position in the Clean Development Mechanism (CDL) market, ...

Brazil Blames US Pilots for Boeing Crash. Congressman Wants to Sue Them

The final report of the Brazilian Air Force (FAB) on the crash between a ...

Mobile to Soon Become More Popular than Fixed Broadband in Brazil

By 2011, according to a new report from Pyramid Research, Mobile broadband will surpass ...

Change in Brazil Won’t Come from Palaces, But from Mobilized People

In order to win a lot of victories in the coming year, the MST ...

Brazil-Emirates Direct: Brazilians Get Fast Access to Arab World

The direct flight that Emirates Airline, of the United Arab Emirates, will inaugurate in ...