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LatinNews Regional Monitor: Brazil & Southern Cone - 02 July 2019

From LatinNews Daily
On 1 July, Brazil’s steel sector expressed concern that it would be negatively impacted by the bilateral trade deal reached last week between the Southern Common Market (Mercosur) and the European Union (EU)...
* Brazil’s secretariat of foreign trade (Secex) in the economy ministry has released the latest trade balance figures which show that Brazil registered a US$5.02bn trade surplus in June, a 13.3% decrease on the trade surplus recorded in June 2018...
On 1 July Uruguay’s electoral court (CE) released the full preliminary results of the 30 June internal political primary elections, which showed that the centre-right opposition Partido Nacional (PN, Blancos) received the most votes on the day...
* Moody’s Investors Service recently predicted that Paraguay and Uruguay would benefit proportionally more that Brazil and Argentina from the recent European Union (EU)-Southern Common Market (Mercosur) trade deal signed on 29 June...

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