End of preview - This article contains approximately 120 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
LatinNews Daily - 07 December 2022
In brief: Tensions persist at Mercosur summit
* Tensions between Uruguay and the rest of the members of the Southern Common Market (Mercosur) trade bloc which also includes Argentina, Brazil and Paraguay, have re-emerged at the 5-6 December summit which took place in Uruguay’s capital Montevideo. These tensions have arisen over Uruguay’s plans to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade deal and seek a unilateral free trade agreement (FTA) with China – which violates Mercosur rules. At the summit, which saw Uruguay hand over the pro-tempore presidency to Argentina, Argentina’s foreign minister, Santiago Cafiero, was cited by the media as warning that the “unilateral path being taken could result in a rupture” – concerns that were also expressed by top officials from Brazil and Paraguay.
- ARGENTINA: Vice president convicted in corruption case
- BOLIVIA: Investigation launched into protest leaders
- In brief: Peru’s mining investment and exports down
- BRAZIL: Senators cut Lula’s spending package
- In brief: Brazil’s Petrobras lowers prices
- DOMINICA: Skerrit wins another term
- In brief: Costa Rica unveils national development plan
- MEXICO: Lower chamber rejects electoral reform
- In brief: Mexico’s gross fixed investment down in monthly terms
- In brief: Tensions persist at Mercosur summit