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Weekly Report - 23 July 2015 (WR-15-29)

REGION: Minnows win reward for persistence

The Southern Common Market (Mercosur) decided during its biannual summit in Brazil’s capital, Brasília, on 16 and 17 July to devote the next six months to studying formulas to put an end to persistent trade barriers within the bloc. This was a triumph for Uruguayan and Paraguayan diplomacy and resolve. Both countries have long argued that internal barriers hampering the free movement of goods and services among member countries contravene Mercosur’s founding treaty. Since taking office last March, Uruguay’s President Tabaré Vázquez has been especially forthright on the issue.

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