Economy Politics Country 2025-12-20T07:21:38+00:00

Mercosur Ministers Discuss Macroeconomic Risks for the Region

Ministers of Economy and central bank presidents of Mercosur held a meeting under Brazil's presidency to discuss key macroeconomic risks and ways to strengthen regional economic resilience.


Mercosur Ministers Discuss Macroeconomic Risks for the Region

Buenos Aires, December 20 (NA) — Ministers of Economy and central bank presidents of Mercosur debated this Friday the main macroeconomic risks for the region in the current global context, during a remote meeting under the pro tempore presidency of Brazil, according to the Argentine News Agency. Brazil presented the report "Exogenous Macroeconomic Risks for the Mercosur Region in the Current Global Context," prepared by the Macroeconomic Monitoring Group. Representatives of Argentina, Paraguay, Uruguay, and Bolivia participated, along with associated states such as Colombia and Peru. Delegates exchanged diagnoses on the vulnerability of the bloc's economies to external factors. Economic cooperation to strengthen resilience Tatiana Rosito, from the International Affairs Secretariat of Brazil's Ministry of Finance, stated that growing uncertainty requires taking advantage of these spaces to build a common regional economic vision. Paulo Picchetti, director of the Central Bank of Brazil, highlighted the importance of keeping risks such as financial volatility, geopolitical tensions, and the effects of climate change on the radar. Tools and regional priorities The document identifies probabilities and potential impacts of the risks and proposes qualitative and quantitative instruments for countries to design better evaluation mechanisms. The Brazilian presidency recalled its priorities: to strengthen intraregional trade; diversify production and value chains; promote the energy transition; boost technology and productive innovation; combat organized crime; and promote citizen rights and the social dimension of the bloc. Brazil will continue as president of Mercosur until the end of 2025, while Paraguay will take over during the first half of 2026.