Financial Times FT.com

Uruguay threatens to downgrade Mercosur role

By Benedict Mander in Montevideo

Published: March 8 2007 23:02 | Last updated: March 8 2007 23:02

Uruguay has warned that it will consider downgrading its status in Mercosur if the regional trade bloc prevents it from making a bilateral trade deal with the US.

Danilo Astori, finance minister, said: “Uruguay must find a way of making a bilateral trade deal with the US. Our small country is trapped, a prisoner of the collective wishes of the group, and this is causing us serious harm.”

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