MILEI AND MERCOSUR
Addressing last weekend’s Mercosur summit in the Brazilian city of de Foz de Iguazú just across the border, President Javier Milei affirmed that the regional trade bloc “needs an institutional and integral reform” while maintaining: “Flexibility is an asset, not a threat.” Accompanied by his Foreign Minister Pablo Quirno, Milei reproached Mercosur for having “no common market, no free circulation and no macroecnomic coordination” while not being “sufficiently open to the world” but instead “an oversized and inefficient bureaucracy.” He further insisted: “Integration must be at the service of free trade, not bureaucracy," describing the free-trade agreement with the European Union postponed until January after decades of negotiations as a missed opportunity.
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