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Weekly Report - 28 May 2015 (WR-15-21)

URUGUAY-BRAZIL: Vázquez secures support to reform Mercosur

President Tabaré Vázquez left Brasília after an official visit on 21 May with more than any Uruguayan head of state has achieved since 1991. That was the year that the Southern Common Market (Mercosur) was formed, since when it has failed to shed the tag of imperfect customs union, in large part because of unilateral trade protectionist policies by Argentina, in particular, but also Brazil. Uruguay has pushed unsuccessfully for greater openness, or at least a release from the fetters precluding individual states from pursuing unilateral trade deals. No longer. Brazil’s President Dilma Rousseff joined Vázquez in expressing unequivocal support for the freedom to negotiate individual trade accords, and she defined the world’s longest-running free trade talks between Mercosur and the European Union (EU) as “a priority”.

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