ISDS Case Map
Mercosur
Backing away from his tough campaign talk against US-sponsored trade initiatives, Bolivian President-elect Evo Morales said Friday he no longer rules out a free-trade deal with the United States and three other Andean nations. But he did not say he supported such a deal, either.
Guatemala's government - annoyed by the delay in CAFTA's implementation and the U.S. House of Representative's approval of a wall to keep out illegal immigrants - announced Tuesday it would seek to strengthen its relations with the Mercosur trading bloc.
Venezuela today gained entry into the South American trade group Mercosur, a move pursued by President Hugo Chavez to help strengthen regional agreements and thwart a US-sponsored accord for the hemisphere.
The Common Market of the South (Mercosur), made up of Argentina, Brazil, Paraguay and Uruguay, today signed a "document of intention" with Dominican Republic for "broadening the common political and economic dialogue."
Israel signed an agreement to expand trade with a South American free-trade alliance. The deal is aimed at eventually creating a free-trade area between Israel and MERCOSUR, which encompasses Brazil, Argentina, Paraguay, Uruguay and Venezuela.
At the end of last week, Minister of Finance and Industry, Trade and Labor Ehud Olmert met with Brazil's State of Sao Paolo Governor Geraldo Alckmin in order to promote a free trade region with the Mercosur bloc (Mercado Comun del Sur), comprising Brazil, Argentina, Uruguay, and Paraguay. The signing of a framework agreement is expected in December.
On the final day of the 4th Summit of the Americas, in Mar del Plata, Argentina, the president of Mexico, Vicente Fox, said that he is negotiating his country's entry into the Mercosur in the middle of next year.
An apparently chance remark by a junior trade minister appears to have put Venezuela's Foreign Minister Alí Rodríguez Araque on something of a spot.
Israel is close to signing the free trade agreement with the Mercado Comun del Sur (Mercosur) countries in South America, acting Finance Minister Ehud Olmert indicated yesterday.
The Uruguayan Senate remains deeply divided on whether to move forward with the ratification of a US-Uruguayan Bilateral Investment Treaty (BIT).
