• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Global stock market data visualized on a world map, highlighting diverse trade strategies discussed at the Mercosur summit. - Supply Chain News

Divergent Trade Strategies Highlighted at Mercosur Summit

12/07/2022
Malaysia Warns U.S. Chip Tariffs Could Hurt Competitiveness

Malaysia Warns U.S. Chip Tariffs Could Hurt Competitiveness

10/10/2025
ASASOFT GROUP Nominated for the Go Global Awards 2025

ASASOFT GROUP Nominated for the Go Global Awards 2025

10/10/2025
CEOs Warn Tariffs Could Disrupt Business and Raise Consumer Prices

CEOs Warn Tariffs Could Disrupt Business and Raise Consumer Prices

10/10/2025
U.S. Tariffs Drive 44% Drop in Key Chinese Imports as Trade Volumes Shift

U.S. Tariffs Drive 44% Drop in Key Chinese Imports as Trade Volumes Shift

10/10/2025
Daily Price Tracking Shows Gradual but Noticeable Impact of U.S. Tariffs on Consumers

Daily Price Tracking Shows Gradual but Noticeable Impact of U.S. Tariffs on Consumers

10/10/2025
Mexico Delays Tariff Hike Decision, Plans Talks with China and Other Trade Partners

Mexico Delays Tariff Hike Decision, Plans Talks with China and Other Trade Partners

10/10/2025
Business team analyzing financial reports with charts and calculator; Canada's economic struggles. - Supply Chain News

Carney Heads to Washington for Tariff Talks Amid Canada’s Economic Struggles

10/10/2025
Amara Studio Sphere Nominated for the Go Global Awards 2025

Amara Studio Sphere Nominated for the Go Global Awards 2025

10/09/2025
Business in a Box Nominated for the Go Global Awards 2025

Business in a Box Nominated for the Go Global Awards 2025

10/08/2025
European Union Proposes 50% Steel Tariffs Amid Global Trade Realignments

European Union Proposes 50% Steel Tariffs Amid Global Trade Realignments

10/08/2025
U.S. CEOs Warn Tariffs Could Raise Costs and Disrupt Business Operations

U.S. CEOs Warn Tariffs Could Raise Costs and Disrupt Business Operations

10/08/2025
Tariff Deal Remains Unresolved After Trump’s Meeting with Canadian Prime Minister

Tariff Deal Remains Unresolved After Trump’s Meeting with Canadian Prime Minister

10/08/2025
supplychainreport
Sunday, October 12, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Divergent Trade Strategies Highlighted at Mercosur Summit

by Geraldine S.
12/07/2022
in Global Trade, Trade Agreements

At the recent summit of the Mercosur nations held in Montevideo, Uruguay, differing views on trade strategy surfaced among the member countries. The summit revealed Uruguay’s strong interest in expanding its foreign market reach, which contrasts with the positions held by Brazil, Argentina, and Paraguay. Uruguayan President Luis Lacalle Pou emphasized the necessity for Uruguay to “open up to the world”. He announced intentions to negotiate a free trade agreement with China and to pursue membership in the Trans-Pacific Partnership.

Lacalle Pou highlighted Mercosur’s protectionist stance and expressed concern over the economic impact of the bloc’s tariffs and trade restrictions, as well as its lack of trade agreements with the world’s major economies. Despite Uruguay’s push for an agreement with China, the Foreign Ministers of Paraguay, Brazil, and Argentina have expressed disapproval. They warned of potential legal and trade sanctions against Uruguay if it pursues independent trade deals, citing the bloc’s requirement for consensus in decision-making. Argentine Foreign Minister Santiago Cafiero and President Alberto Fernandez acknowledged issues within the bloc, including growing economic asymmetries among its members since its inception 31 years ago.

YOU MAY ALSO LIKE

Malaysia Warns U.S. Chip Tariffs Could Hurt Competitiveness

CEOs Warn Tariffs Could Disrupt Business and Raise Consumer Prices

Fernandez agreed on the need to address these disparities. Mercosur, with a combined population of about 295 million, is predominantly led by Brazil and Argentina. The bloc’s primary exports are agricultural products, with China and the United States being its largest trade partners. In 2021, Mercosur reported exports of $339 million and imports of $260 million. Marcel Vaillant, a regional trade expert, pointed out the significant size difference between Uruguay’s economy and those of Brazil and Argentina, noting Uruguay’s smaller scale and preference for open trade policies. Uruguay faces challenges in accessing markets for agri-food products and seeks to improve its market access, as highlighted by Vaillant.

Stay current with supply chain report news at The Supply Chain Report. For international trade tools, see ADAMftd.com.

#MercosurSummit #UruguayTradeStrategy #FreeTradeAgreement #ChinaTradeDeal #TransPacificPartnership #MercosurBlock #UruguayExports #EconomicAsymmetry #LatinAmericanTrade #TradeRestrictions #AgriculturalExports #MercosurDispute #TradeSanctions #UruguayBrazilArgentina #EconomicGrowth #GlobalTradeAccess #UruguayMarketExpansion #MercosurTradeTalks #LatinAmericaTrade #MercosurChallenges #UruguayanLeadership

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.