The members of the Southern Common Market (Mercosur) decided to collectively raise import tariffs to deal with the impact of the international financial crisis on December 20.
According to reports, the day of the Mercosur member countries held in Montevideo, capital of Uruguay, the 42nd Mercosur Summit. The leaders attending the meeting decided collectively to take measures to improve the external tariff, in order to reduce the possible impact of the international financial crisis. Under the agreement, the Member States can be imported commodities according to their actual situation of the areas seriously affected domestic industries to increase tariffs. The statement stressed that this measure is that Mercosur can deal with the severe challenges brought about by the financial crisis through coordinated action.
It is reported that the regional trade protection measures proposed by Brazil and Argentina, two countries and actively promote the. Brazilian President Dilma Rousseff at the Summit, the deterioration of the international financial crisis has exacerbated the imbalance of international trade, the Mercosur countries must adopt a more flexible management measures in foreign trade. The statistics show that the Mercosur member states last year, the total value of goods imported from outside the region of $ 220.172 billion exports to South America, this restriction measures in other countries will be caused by the impact can not be ignored.
March 26, 1991, the President of Argentina, Brazil, Paraguay and Uruguay in Asuncion, Paraguay signed the Asuncion Treaty on the establishment of Mercosur ", the treaty entered into force on November 29 of that year. January 1, 1995, the Mercosur official launch of the common market to become the world's first entirely comprised of developing countries.
According to reports, the day of the Mercosur member countries held in Montevideo, capital of Uruguay, the 42nd Mercosur Summit. The leaders attending the meeting decided collectively to take measures to improve the external tariff, in order to reduce the possible impact of the international financial crisis. Under the agreement, the Member States can be imported commodities according to their actual situation of the areas seriously affected domestic industries to increase tariffs. The statement stressed that this measure is that Mercosur can deal with the severe challenges brought about by the financial crisis through coordinated action.
It is reported that the regional trade protection measures proposed by Brazil and Argentina, two countries and actively promote the. Brazilian President Dilma Rousseff at the Summit, the deterioration of the international financial crisis has exacerbated the imbalance of international trade, the Mercosur countries must adopt a more flexible management measures in foreign trade. The statistics show that the Mercosur member states last year, the total value of goods imported from outside the region of $ 220.172 billion exports to South America, this restriction measures in other countries will be caused by the impact can not be ignored.
March 26, 1991, the President of Argentina, Brazil, Paraguay and Uruguay in Asuncion, Paraguay signed the Asuncion Treaty on the establishment of Mercosur ", the treaty entered into force on November 29 of that year. January 1, 1995, the Mercosur official launch of the common market to become the world's first entirely comprised of developing countries.
