News of trade

Trade volume fell 14.9% in 2020, but with US$12.5B surplus

28-01-2021 16:43 Trade volume last year totalled US$97.24 billion, 14.9% down from the previous year, but with surplus of US$12.528 billion.

Argentina posts first trade deficit since 2018 after port strike

27-01-2021 11:08 Country recorded a trade deficit of US$364 million in December, government data published Tuesday showed. While imports grew 25% in annual terms driven by an economic recovery, exports slumped by 34%.

British, Euro leaders sign Brexit deal as MPs approve ratification

30-12-2020 14:15 Britain and the European Union sign post-Brexit trade deal, setting their seal on a drawn-out divorce just hours before the looming deadline.

UK-EU agree historic post-Brexit trade deal

26-12-2020 10:20 Britain and the European Union struck a post-Brexit trade deal on Christmas Eve that they hope will cushion the economic blow of the UK’s imminent departure from the bloc after months of tortuous negotiations.

Latin America watches on as United States heads to the polls

31-10-2020 10:36 With the region facing unprecedented economic and health concerns, as well as the issue of China’s increasing presence, Tuesday’s election could set the tone for the next phase of US-Latin America relations.

by Jennifer Heiman & Anina Hoffman

Felipe Solá: Argentina won’t stop or reject EU-Mercosur trade deal

01-10-2020 19:59 Foreign minister says country has “changed stance” on free-trade agreement and will debate it in Congress when concerns over environmental

by Fermin Koop

France says opposes EU-Mercosur trade deal over deforestation concerns

18-09-2020 10:38 France opposed to free-trade deal in its current form due to "major" concerns about deforestation in the region, the government said on Friday.

In midst of global recession, Argentina sets out in search of new markets

15-09-2020 18:16 Argentina is looking for new markets for its products in a world sunk in recession. The goal: to raise annual exports from US$65 to US$100 billion, according to government official Jorge Neme.

Brazil, Argentina vow to put tensions aside amid deep slump

21-08-2020 03:49 Argentina's new ambassador to Brazil, veteran Peronist Daniel Scioli, presents credentials to President Jair Bolsonaro in Brasilia.

Alberto Fernández planning 'strategic trip' to China in November

19-08-2020 22:44 Peronist leader eyeing potential trip to Asian powerhouse in November. Multi-billion-dollar agreements and the coronavirus pandemic lead agenda for talks with Argentina's leading trade partner.

by Juan Luis González

Mafia fugitives arrested in Palermo in drug-smuggling sting

24-07-2020 16:42 Three alleged members of the Calabrian 'Ndrangheta mafia organisation were arrested in Buenos Aires last week and are now being processed for extradition to Italy. The sting was part of a larger Interpol investigation of 45 members of the organisation who are spread across the world.

EU watchdog opens probe into Mercosur trade deal

10-07-2020 12:16 EU Ombudsman Emily O’Reilly confirms investigation will be opened into historic trade deal with Mercosur, after environmental and rights groups complained that the deal does not respect the EU’s legal obligations.

Argentina on board for Mercosur trade talks after 'gradual change in discourse'

10-05-2020 10:00 A teleconference this Thursday assessed the courses of action on the Mercosur negotiations already concluded with the European Union, the ongoing negotiations with Canada, Korea, Singapore and Lebanon, and the deepening of agreements already signed with Israel and India.

Local firms reinvent themselves to survive coronavirus pandemic

04-05-2020 12:58 Thousands of companies across Argentina have been left paralysed by the coronavirus pandemic. Many are reinventing themselves during the crisis as they vie to keep their firms afloat.

Virus hobbles Argentina's biggest soy exporters – with harvest nearing

24-03-2020 10:59 The world’s biggest exporters of soybean meal and oil are fending off a slew of logistical hurdles as they rush to get ready for the impending harvest in Argentina.

OAS set for showdown over Trump’s Venezuela policy

20-03-2020 18:28 Luis Almagro's re-election to the head of the Organisation of AmericanStates has effectively turned into a test of the popularity of Donald Trump’s hard-line policy against Venezuelan President Nicolas Maduro.

Tariffs, coronavirus fears threaten wine show buzz

04-03-2020 12:51 Threatened by Trump's tariffs and the coronavirus epidemic, winegrowers are facing a high level of uncertainty that raises doubts over the future of the industry.

Human remains found at Marcelo Balcedo's property in Uruguay

04-03-2020 12:09 Human remains in a state of decomposition were found at the Punta del Este home of Balcedo, a controversial trade unionist who has been accused of money-laundering, smuggling, and arms-trafficking.

Alberto Fernández eyes China in bid to alleviate Argentina’s debt crisis

22-02-2020 10:39 With money tight and funding scarce, President Alberto Fernández is looking east – a move that could see key infrastructure projects restarted and a bolstering of Central Bank reserves.

by Fermin Koop

Argentina's beef exports to China stumble due to coronavirus

18-02-2020 12:21 South American meat exporters are seeing a sharp slowdown in trade with the Asian nation as the coronavirus disrupts shipments. One industry leader says exports have almost ground to a halt.