Argentina advocated for a reduction in tariffs, but using a segmentation methodology, said Solá
The Government of Argentina Monday submitted a proposal for the average reduction of the Common External Tariffs during a virtual meeting of Southern Common Market (Mercosur) s Foreign Ministers, it was announced.
Argentine FM Felipe Solá advocated for a reduction in tariffs, but using a segmentation methodology in agro-industrial, industrial, capital goods, information technology and telecommunications.
Meanwhile, Uruguay formally insisted on making Mercosur more flexible and supported a common external tariff, which already had Brazil s endorsement, according to Uruguayan diplomatic sources.
All proposals are to be discussed in the second half of May when the top diplomats of all four member countries -Argentina, Brazil, Paraguay and Uruguay- meet face to face in Buenos Aires under strict covid-19 protocols.