First contracts signed for Mercosur corridor route concessions

The Argentine government signed the first contracts on Tuesday, January 6, for the concession of 741 kilometers of national routes to private companies, forming Stage I of the Mercosur Corridor. These routes include the Rosario-Victoria Bridge and will boost trade with Brazil and Uruguay. Economy Minister Luis Caputo emphasized that this initiates a modern highway network without subsidies.

On January 6, 2026, the Argentine government formalized the signing of contracts for the concession of 741 kilometers of routes that form part of Stage I of the Mercosur Corridor Network. These segments, known as Oriental and Conexión, will be operated and maintained by private companies starting January 7, without state subsidies.

Autovía Construcciones y Servicios S.A. will take over the Oriental Segment, renamed Autovía del Mercosur, covering national routes 12, 14, 135, A015, and 117. These routes pass through the provinces of Buenos Aires, Entre Ríos, and Corrientes, linking strategic border crossings.

Meanwhile, the Temporary Business Union (UTE) comprising Obring S.A., Rovial S.A., Edeca S.A., Pitón S.A., and Pietroboni S.A. will manage the Conexión Segment, now Conexión Alto Delta. This includes the Rosario-Victoria Bridge over the Paraná River (RN 174), connecting Entre Ríos and Santa Fe, near ports and production centers in Greater Rosario.

Economy Minister Luis Caputo stated: “These kilometers are part of the Mercosur corridor, which facilitates trade with Brazil and Uruguay and connects strategic border crossings. Additionally, they include the Rosario-Victoria Bridge over the Paraná River, close to access to ports and production centers in Greater Rosario, which will boost exports and logistics.” He added that it is the first step toward a highway network of over 9,000 km, replacing a deficit model with a transparent and competitive one, without Treasury contributions.

From the Economy Ministry, it was noted that the new system will receive no public subsidies, unlike the previous deficit-ridden scheme that did not truly benefit users. This initiative aims to lower costs for the production sector and enhance regional logistics.

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EU and Mercosur representatives celebrate signing massive free trade pact amid flags and maps in Asunción.
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EU and Mercosur sign free trade agreement

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After more than 25 years of negotiations, the EU and the South American bloc Mercosur have signed a free trade agreement in Asunción. The new zone covers over 700 million inhabitants and an economy worth 22 trillion US dollars. The deal also signals opposition to US President Donald Trump's protectionist tariff policy.

In the coming hours, President Javier Milei will sign and send the EU-Mercosur agreement to Congress for local ratification. The government aims to proceed despite a judicial review in Europe, with official sources claiming sufficient votes in both chambers.

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Montería's city hall launches Businú, Colombia's first mass public river transport system, turning the Sinú River into a key urban mobility axis. The project starts with two vessels and aims to cut travel times in the city. Mayor Hugo Kerguelén emphasized the historic shift in utilizing the river.

European Commission President Ursula von der Leyen confirmed the postponement of the EU-Mercosur free trade agreement signing to January, canceling her trip to Foz de Iguazú. The move stems from opposition by France and Italy, fueled by farmer protests in Brussels fearing South American competition. Brazilian President Lula da Silva accepted the delay following talks with European leaders.

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Around 100 farmers from France and Belgium have blocked highway border crossings in protest against the planned EU free trade agreement with Mercosur countries. President Macron announced that France will not agree to the deal, citing risks to the agricultural sector. In Brussels, a qualified majority for signing is expected on Friday.

Brazilian President Luiz Inácio Lula da Silva will not attend the signing of the historic EU-Mercosur trade agreement, scheduled for Saturday, January 17, in Asunción, Paraguay. Despite Lula being the main promoter of the deal, his absence stems from scheduling conflicts due to late invitations. Other leaders, including Santiago Peña, Yamandú Orsi, and possibly Javier Milei, will participate.

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Japan and the South American trade bloc Mercosur launched a strategic partnership framework on Saturday to bolster economic and trade ties. The announcement coincided with the Mercosur summit, where both sides pledged to elevate their cooperation over the long term. They plan to start talks early next year on specific measures, potentially including an economic partnership agreement.

 

 

 

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