Blue Dollar Updates

Uruguay and Argentina Aim for Hydrogen Plant Deal

Uruguay and Argentina report advancements in negotiations aimed at resolving a dispute concerning a multibillion-dollar green hydrogen facility proposed on the Uruguayan side of a jointly held border river. Argentina’s Foreign Minister Pablo Quirno visited Montevideo for a second meeting with his Uruguayan counterpart Mario Lubetkin within a six-month period to deliberate on the US$5-billion … Read more

Blue Dollar Updates

Mercosur-EU Trade Deal Faces Fresh Challenges

May 1 represented a significant milestone in South American history, as a segment of the trade agreement between the regional bloc Mercosur and the European Union, which had been under negotiation for more than twenty years, finally came into effect. The agreement represents a significant advancement in enhancing Mercosur’s export capabilities, facilitating Argentina, Brazil, Uruguay, … Read more

Blue Dollar Updates

Senate Approves Mercosur-EU Agreement

On Thursday, the Argentine Senate granted final approval to the trade agreement between Mercosur and the European Union. The final tally indicated substantial backing, with 69 votes cast in favor, 3 opposed, and 3 abstentions recorded. Argentina has now become the second nation to ratify the agreement, following Uruguay’s approval of the identical initiative just … Read more

Blue Dollar Updates

China Woos Uruguay as Argentina’s Milei Backs Trump

China and Uruguay committed to enhancing their economic ties on Tuesday, coinciding with Javier Milei in Argentina embracing the Trump administration’s revitalized approach in the region. Following a meeting in Beijing between presidents Yamandú Orsi and Xi Jinping, Uruguay and China formalized over a dozen agreements encompassing investment, trade, and scientific cooperation. In a distinct … Read more