Mercosur: Not a Trade Alliance But An Ideological One

The entry of Venezuela to the South American block has consolidated its character as being driven more by domestic political considerations that modern commercial criteria.

Friday, June 7, 2013

"We need to get rid of this straight jacket, since we will not conclude any agreement while having Argentina and Venezuela as partners," said Roberto Giannetti, director of the Department of International Relations and Foreign Trade of the Federation of Industries of the State of Sao Paulo (Fiesp).

Eleconomistaamerica.com.ar reports that "A powerful central industrialist in Sao Paulo demanded of Dilma Rousseff's government that Brazil be "freed" from Mercosur, believing that it is a 'straitjacket', because with Argentina as a partner they will not be able to 'enter into any agreements.' "

In recent statements, Nicaraguan business leaders have asked their government to manage the country's entry into Mercosur.



More on this topic

Central America - Mercosur FTA: Will It Be Done?

December 2019

The possibility of negotiating a free trade agreement with the trade bloc of South American countries is back on the discussion.

The issue will be discussed in detail at the meeting of the Council of Ministers of Economy of the region (Comieco), to be held in El Salvador on December 5 and 6.

Time to Choose Partners: Pacific Alliance or Mercosur?

June 2013

The inclination of Latin American governments when deciding which commercial block to join, is clearly marked by their ideological distinctions.

Editorial

While describing the launch of the Pacific Alliance as a "successful exercise in media diplomacy" in an analysis of the issue in his article in Lanacion.com.ar, Alejandro Rebossio highlights the features of this block and those of Mercosur, noting that in just one year of existence, the Pacific countries have achieved more in institutional and commercial integration, than the Atlantic block.

What Do Nicaraguan Businessmen Know About Mercosur?

June 2013

The pressing need for predictability in exports to Venezuela is inducing the Nicaragua principal business leader to ask for the country's entry to the chaotic South American bloc.

Statements by Nicaraguan businessmen to the effect that Nicaragua requires security in trade with Venezuela are often heard, for which they are advocating a trade agreement between the two countries.

EU Has Trouble Reaching Agreements with Latin American Blocs

April 2009

The problematic attempts by the European Union to reach trade agreements with Mercosur and CAN are bad precedents.

The Association Agreement between Central America and Europe, interrupted in Honduras yesterday when the Nicaraguan negotiators left what was the seventh round of negotiations between the parties, adds itself as unfinished business to the others Europe is attempting to negotiate with the Southern Common Market (MERCOSUR), comprised of Argentina, Brazil, Paraguay and Uruguay and the Andean Community of Nations (CAN).

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