The Second Round of Negotiations for a Free Trade Agreement between Mercosur and Korea is held in Seoul, Korea from April 1 to 5. Mercosur and Korea share the interest in encouraging the bilateral liberalization as widely as possible for the trade of goods, services and investment. Although the actual trade between Mercosur and Korea doesn’t cover the relevant level, there exist an important potential to develop the commercial flow and the capacity for the insertion in global value chains.
Venezuela Becomes India’s Fourth Strategic Crude Supplier Amid Global Energy Realignment
A sharp increase in bilateral shipments during the second quarter of 2026 positions Venezuelan crude as a key alternative for Indian supply, historically accounting for nearly 80% of the Asian nation’s total imports from the South American country.
