Solar Energy News  
TRADE WARS
Mercosur discord eased by Paraguay deal

disclaimer: image is for illustration purposes only
by Staff Writers
Asuncion, Paraguay (UPI) Dec 15, 2010
Latin America's Mercosur trade pact is going through a rare period of constructive cordiality after member countries reached agreements to solve two intractable problems -- discord over Venezuela's membership and an Argentine-Paraguay row over river transport that threatened to scuttle the group's next summit.

Paraguayan ratification for Venezuelan membership, delayed over many years, became a near certainty after a congressional deal that had been delayed due to domestic politics.

Venezuela became a full member of Mercosur in 2006 but was denied membership privileges as Paraguay's Congress squabbled over the pros and cons of having populist Venezuelan President Hugo Chavez as a member.

Paraguayan assent was the last hurdle after other founding members -- Argentina, Brazil and Uruguay -- gave legislative approval.

Venezuela sought membership as a matter of national pride and prestige but Mercosur's rise as a potential major partner for European Union means both Caracas and EU can look to bigger markets for trade.

In the next stage, the Paraguayan Senate will vote ratification for Venezuela's Mercosur membership as part of a government-opposition deal apportioning key executive and judiciary posts between the two sides.

Paraguay hopes to gain from Venezuela's membership through increased trade and financial flows from oil-rich Venezuela and other Mercosur partners. The deal increases the trade zone likely to be available for EU exports to Latin America.

The Mercosur region includes Bolivia, Chile, Colombia, Ecuador and Peru as associate members that will also benefit when talks with the EU lead to comprehensive accords on trade partnerships, including agricultural and raw materials exports to Europe.

In the second breakthrough this week, Mercosur averted a major crisis in its ranks after Argentine maritime workers blocked landlocked Paraguay's river transport goods. Argentina relented after Paraguayan President Fernando Lugo threatened to boycott the Mercosur leaders' summit this week.

The agreement to lift the blockade was reached after Argentine President Cristina Fernandez de Kirchner met with the Argentine Maritime Workers Union, which triggered the blockade apparently in sympathy with its Paraguayan co-workers.

More than 7,000 containers with goods bound for Paraguay are stuck in the port of Buenos Aires.

Paraguayan Foreign Affairs Minister Hector Lacognata said Argentine authorities had given assurances the Argentine river transport workers would be dissuaded from resuming their blockade.

Paraguayan transport industry executives said the Argentine union had manufactured an excuse for the blockade as there was no problem with river transport workers in their country. Paraguayan officials accused Argentine union leaders of engineering the blockade as an attempt to dominate the river transport system.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Global Trade News



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


TRADE WARS
Asia to lead world office building: report
Hong Kong (AFP) Dec 14, 2010
Asia will lead the world in developing new office space as firms shift focus away from lacklustre markets in Europe and North America, a report said Tuesday. Asia will be the only major global region to boast "significant" office completions in 2010 and 2011, before slowing somewhat in 2012, said the new report by international property firm CB Richard Ellis. The region - including Hong ... read more







TRADE WARS
Doubling Import Tax On Ethanol Will Escalate Brazil-US Trade Conflict

The 50 Hottest Companies In Bioenergy For 2010-11

The Ethics Of Biofuels

Champion Hydrogen-Producing Microbe

TRADE WARS
Japan's robot suit to bring hope to the disabled

Underwater Robots On Course To The Deep Sea

Development Of Humanoid Robot To Test Warfighter Protection Equipment

Robo-Op Marks New World First For Heart Procedure

TRADE WARS
Massive offshore wind proposed for R.I.

Repair And Inspection Services For The Expanding Wind Power Industry

Vestas Selects Broadwind Towers For Glacier Hills Wind Project

Optimizing Large Wind Farms

TRADE WARS
Chevrolet Volt Propulsion System Named A 'Ward's 10 Best Engine'

Ford To Build Gas-Powered, Electric, Hybrid And Plug-In Hybrid Vehicles In Michigan

Russia to build forest highway despite protests

Taiwan's Yulon Motor in joint venture with China's Dongfeng

TRADE WARS
US sues BP, eight others over Gulf oil spill

Japan eco-fair seeks to reach next generation

BP delays Libyan deep-water drilling

China could face peak coal

TRADE WARS
Carbon Capture And Storage Technologies Could Provide A New Green Industry For The UK

Oceanic Carbon Fluxes: The Behavior Of Small Particles At Density Interfaces

Mexico to offset UN talks' carbon impact

World Bank launches emerging carbon market drive

TRADE WARS
Who Uses The Most Electricity In Germany

How Can Urban Areas Efficiently Save Energy

Protest halts Dutch power station project

EU wants body-wide green power scheme

TRADE WARS
Cancun Offers Hope For Forests And Climate

Not Seeing The Carbon Landscape Through the Trees

Australia boosts support for Indonesian forest scheme

Ravenous Foreign Pests Threaten National Treasures


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement