Brazilian presidential candidate said he should reach an agreement on a trade deal between South America’s Mercosur trade bloc and the European Union within six months, if he wins October’s presidential election.
Uruguayan Foreign Minister Francisco Bustillo is off on a European tour seeking to advance in the signing of the Mercosur-European Union agreement.
After a slow year, the EU’s free trade agenda is picking up speed under the Czech EU Council presidency. Nevertheless, more momentum still seems to be on the unilateral trade measures currently being negotiated in the bloc.
European Union representatives have approached Brazil’s government seeking to rekindle negotiations with South America’s Mercosur bloc on a stalled trade agreement.
The recent Mercosur summit revealed strains in the bloc. As Uruguay moves for a free trade agreement with China, other members discuss consequences and call for unity.
Brazilian presidential election frontrunner Luiz Inacio Lula da Silva favors reopening talks on a stalled European Union trade deal with South American trade bloc Mercosur to add provisions on environmental protection, human rights and technology.
South American trade bloc Mercosur concluded talks on a trade pact with Singapore, Brazil’s Economy and Foreign Affairs Ministries said.
Uruguay and China have decided to enter formal negotiations on a free trade agreement, Uruguayan President Luis Lacalle Pou said.
Brazil wants to expand trade and investment with Arab countries, said a government official, amid ongoing talks for commercial agreements with Saudi Arabia, Lebanon and the United Arab Emirates.
The European Union wants to accelerate efforts to finalise trade agreements with third parties after a six-month pause, as the bloc adapts to the Ukraine war and other challenges, EU trade commissioner said.
The EU-Mercosur agreement and the influence of the automotive industry.
Spanish foreign minister Jose Manuel Albares called on his EU peers to definitively advance in the ratification of the trade accords of the European Union with Chile, Mexico and Mercosur.
The European Union aims to finalize and sign at least three stalled trade agreements this year as the bloc looks to reinforce strategic alliances amid the turmoil caused by Russia’s invasion of Ukraine.
A group of European Union countries are pushing to kick start negotiations on stalled free-trade agreements as Russia’s war with Ukraine threatens the bloc’s economic and security interests.
The European Union and the South American trade bloc Mercosur could by year’s end resolve environmental concerns that are holding up a free trade agreement, EU Commissioner Virginijus Sinkevicius said.
Spain wants the European Union to move quickly to ink a free-trade deal with copper powerhouse Chile that was put on ice late last year.
This report exposes the corporations most eagerly and successfully lobbying for the EU-Mercosur trade deal – a deal designed to increase profits at the expense of climate, biodiversity, health and indigenous rights.
The Free Trade Agreement between Brazil and Chile went into effect on January 25. It is an additional protocol to Chile’s Free Trade Agreement with Mercosur.
Orgalim, along with a wide coalition of European industry stakeholders, urges the EU institutions and Member States to open new markets for trade and investment and promoting rules-based free trade.
The EU-Mercosur trade agreement leads to the destruction of nature, violation of land rights of farmers and Indigenous people and loss of industrial jobs in the Mercosur countries.