Chile and Uruguay to sign free-trade agreement

The Uruguayan president, Tabaré Vázquez, announced  last month in a cabinet meeting  that Uruguay will sign a free-trade agreement (FTA) with Chile in September, streamlining the rules governing the bilateral flow of goods and services.

Mercosur agrees to give intra-trade a new boost eliminating barriers

Mercosur agreed at the Brasilia summit that in the second half of the year they will address alternatives for the elimination of tariff and other similar barriers that impede the natural flow of trade of goods and services among its members. The initiative was agreed by Common Market Council, CMC, on the first day of deliberations and confirmed on Friday by the presidents of the group's full members.