- Brazil, Argentina Reach Deal On Auto Trade
Pact.
After months of wrangling, South America's top two auto-producing nations agreed to local-content quotas that will come into effect Jan. 1, 2001, according to Brazilian and Argentine officials. The accord ends the most divisive among a series of trade troubles in Mercosur, the world's third-largest trade block, which includes Paraguay ......
- Mexico joins Mercosur.
On July 8, the Mercosur trade bloc agreed to accept Mexico as an associate member during a visit by President Vicente Fox to Puerto Iguazu, Argentina. Leaders of the 10-year-old trade bloc--comprised of Argentina, Brazil, Paraguay and Uruguay--said the goal was to boost the unity of Latin America against U.S....
- Latin America United
UIP's Jorge Peregrino Receives International Honor at ShowEast ......
- MEXICO JOINS MERCOSUR AS ASSOCIATE
MEMBER.
Mexico has taken a significant step to expand its political, commercial, and financial relations with South America through its new status as an associate member of the Southern Cone Common Market (MERCOSUR). The South American trade bloc--comprising Brazil, Argentina, Uruguay, and Paraguay--voted to accept associate memberships from Mexico and Venezuela ......
- Trading together (the founding of Mercosur has
resulted in the attraction of foreign investment in Latin
America).
Argentina's regional plans are currently focused heavily on the successful development of Mercosur, the treaty for a "Common Market of the South." The agreement, signed in 1991 by Argentina, Brazil, Paraguay and Uruguay, was originally intended to create a South American common market by 2004, as a counterweight to the ......
- Argentina, Brazil Ban Remanufactured
Parts.
Argentina is a member of the Mercosur common market, that includes Brazil, Paraguay, and Uruguay. Mercosur has a common external tariff on most goods ranging from zero to 23 percent. USTR notes that Argentina and Brazil have barred the importation of remanufactured autoparts entirely. Brazil imposed local content and incentive-based ......
- Argentina, Brazil, Uruguay, and Paraguay set plans to
be linked together in Mercosur.
Argentina, Brazil, Uruguay and Paraguay will soon be linked together in Mercosur, a common market comprising 183 million people, 11,863 square kms, a joint gross domestic product of 403,327 million dollars and a per capita yearly income of 2,197 dollars. Reverberations from this four-way merger-due for 1995-are being felt by ......