Via the BBC: Poverty pledge ends Mercosur meet
The South American trade pact Mercosur has ended its summit with 10 presidents agreeing to work together to boost trade, create jobs and cut poverty.
And my reaction upon reading that paragraph was apparently the same as the BBC’s reporter on the scene:
The BBC’s correspondent, Daniel Schweimler, says the promises announced at the summit – to increase trade and employment and bolster democracy – are the kind always made at such meetings.
Indeed.
The big news from this meeting is that Venezuela officially beame a full member of the group.
And, I think that this is correct:
critics of Mercosur claim that it is in danger of losing its free trade focus and becoming more concerned with securing political influence.“It is hard to see the geographical logic behind Mercosur anymore,” said Michael Shifter, from think tank Inter-American Dialogue.
“It is an effort to try to build and consolidate an alternative alliance to US-backed free trade policies.”
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July 24th, 2026 at 11:06 am
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