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Argentina, Brazil and Paraguay pledge Mercosur tariff review, Uruguay does not sign

RIO DE JANEIRO, BRAZIL - Argentina, Brazil, and Paraguay signed this Friday at the end of the Mercosur's biannual summit a joint communiqué, which was not signed by Uruguay, in which they commit themselves to the revision of the Common External Tariff of the bloc.

The unusual tripartite document was released after the summit, coordinated by Brazil, and held telematically. Uruguay conditioned its support for lowering tariffs on Mercosur's modification of the clause that prevents its members from negotiating trade agreements with other countries or blocs on an individual basis.

The latter alteration, half supported by Brazil and Paraguay . . .

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