News of deal

EU commission expresses 'frustration' over stalled EU-Mercosur trade deal

12-04-2024 09:41 European parliamentary delegation responsible for relations with Mercosur has failed to seal deal, much to the “frustration” of EU lawmakers.

Germany's Scholz stresses importance of EU-Mercosur agreement

05-02-2024 20:16 Germany is one of the most fervent supporters of an agreement between the European Union and Mercosur nations. France, however, is starkly opposed.

Macron asks EU’s Von der Leyen to stop Mercosur trade deal

30-01-2024 07:27 French President Emmanuel Macron asks European Commission President Ursula Von Der Leyen to end the current round of negotiations over free-trade deal between EU and Mercosur trade bloc.

Government postpones IMF payments as it seeks new deal

04-01-2024 00:40 While awaiting the arrival of IMF officials for crunch talks over its multi-billion-dollar programme, Argentina’s government wants to unify its January commitments and push them to the end of the month.

by Ramiro Speranza

Argentina: Conditions not in place to sign Mercosur-EU deal

04-12-2023 12:09 Argentina’s outgoing government says conditions are not in place to sign long-delayed free-trade agreement between Mercosur and European Union.

As run-off nears, Massa draws a yuan bridge to avoid IMF pressures

14-11-2023 11:28 When an agreement was reached in August, the IMF’s board of directors wanted to distance itself from Argentina’s electoral process, preparing for the next stage of negotiations with the future government. An informal meeting, held after the October 22 elections, has placed in doubt the remittance of US$3.3 billion which the country needs to meet debt deadlines. The Economy Ministry has assembled a safety buffer with the Chinese currency swap, hoping to reach the next harvest in acceptable shape.

by Ariel Maciel

Lula urges meeting of EU-Mercosur leaders over trade deal fate

11-09-2023 11:34 EU and the Mercosur countries have been in talks to try to clinch a trade accord for more than 20 years – Lula says it's not time to decide, once and for all.

IMF board approves US$7.5-billion disbursement for Argentina

23-08-2023 14:46 Spokesperson for Economy Minister Sergio Massa says IMF's executive board has approved release of US$7.5 billion in funds to Argentina.

Argentina expects to reach IMF staff-level agreement Friday

17-07-2023 17:18 Officials expect to close a staff-level agreement with the International Monetary Fund by Friday after months of negotiations over the US$44-billion programme.

Argentine officials push back trip to Washington as IMF talks drag on

05-07-2023 13:03 Key Economy Ministry officials postpone trip to United States for talks with International Monetary Fund as differences between both parties persist.