Uruguay
Mercosur Common Market Group Reviewed EU Negotiations and the Status of Focem in Montevideo
The meeting was held on September 9 and 10 in the Uruguayan capital, in the first ordinary session under Uruguay’s Pro Tempore Presidency. Internal trade, accession of new members and institutional cooperation were also reviewed.
The Mercosur Common Market Group held its 140th Ordinary Meeting on September 9 and 10 in Montevideo, in what was the first session of this kind under Uruguay’s Pro Tempore Presidency, according to La Nacion Paraguay.
According to that outlet, official delegations from Argentina, Bolivia, Brazil, Paraguay and Uruguay took part. Over the two days, the representatives reviewed the main issues in the bloc’s external relations, with follow-up on ongoing negotiations with the European Union and the implementation of trade agreements with partners in the region and on other continents.
On the internal agenda, economic and trade issues linked to intra-Mercosur exchange were also addressed. La Nacion Paraguay also noted that progress in the accession process of new States Parties and the status of the Mercosur Structural Convergence Fund, known as Focem, were assessed.
The meeting also included operational, international cooperation and administrative matters to strengthen the bloc’s functioning. According to the report, the delegates reaffirmed their intention to coordinate common positions to improve the management of the commissions and technical subgroups.
The Common Market Group is Mercosur’s executive body and is tasked, among other functions, with promoting measures to implement decisions taken by the bloc’s higher bodies. The conclusions of this meeting will serve as a basis for future decisions by the regional foreign ministers, La Nacion Paraguay reported.
Sources
About this note. Written by El Notero with the assistance of artificial intelligence, based on what was published by the cited outlet. El Notero did not conduct its own reporting on this event.
