Brazil & Southern Cone - January 2014 (ISSN 1741-4431)

The pending Southern Common Market (Mercosur) presidential summit in Caracas has been set back (for the third time) from 31 January to “the first half of February”, Paraguay’s foreign minister Eladio Loizaga said on 17 January. Loizaga cited ‘agenda issues’ but the suspicion is that the now five members (Argentina, Brazil, Uruguay, Paraguay and Venezuela) have yet to get a handle on the long list of disputes and issues between them. Meanwhile the European Union (EU) is waiting for Mercosur to ready its tariff proposal as part of the efforts to finally seal a bloc-to-bloc free trade agreement (ex-Venezuela).

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