MERCOSUR, a trading zone of South American countries, has agreed to initiate a preferential trade agreement (PTA) with Pakistan.
Israel is beginning negotiations for a free trade agreement with the Mercado Comun del Sur (Mercosur) countries (Brazil, Argentina, Uruguay, and Paraguay).
South American and Arab leaders showed the US this week that they can be a force to be reckoned with - at least when it comes to talking tough. But whether they will be able to fulfill their pledges hinges on their ability to look beyond domestic agendas and resist American efforts to lure them away with lucrative bilateral trade deals.
The signing of the agreement is regarded as the first concrete fruit of the South American-Arab summit taking place in Brasilia this week.
Canada has pursued trade opportunities beyond the U.S. by entering into a number of traditional and innovative bilateral agreements.
The text of the framework of the free trade agreement between the Mercosur and the Gulf Cooperation Council (GCC) is ready to be singed, a Brazilian foreign ministry official has disclosed.
Activists and academics are singing the requiem for the Free Trade Area of the Americas (FTAA), a US-driven initiative that they say will soon be buried. However, the governments that have participated in the talks are not yet talking about failure.
Countries making up the South African Customs (SACU) Union have signed a preferential trade agreement with Mercosur, South America’s trading bloc. However, trade negotiations with the US have run into problems.
Mercosur and European Union negotiators resumed Monday in Brussels discussions with the purpose of reaching a much delayed free trade agreement between the two blocks. Meantime in New Delhi a framework trade understanding was signed with India.
India has signed a free trade deal with the South American Mercosur bloc to boost trade. The trade agreement flows from the customs duty accord and now grants reciprocal tariff reductions on 450 items and greater market access.
Caricom and Mercosur officials held talks Friday about establishing a free trade agreement by the end of the year.
United States is not interested in reaching an agreement with Mercosur and prefers to concentrate in the Free Trade Association of the Americas, FTAA, said Peter Allgeier Washington’s Trade Representative.
The fifth annual World Social Forum will take place Jan. 26-31 in the southern Brazilian city of Porto Alegre amidst an upsurge in Latin American sub-regional integration efforts, bolstered by the obvious failure of the project to create the hemisphere-wide Free Trade Area of the Americas (FTAA).
This report looks at major Customs Unions, Free Trade Areas, and economic
association agreements around the world, with particular attention to any clauses
covering social issues, core labour standards and trade union participation.
South Korea and Brazil have agreed to launch a joint feasibility study into signing a Free Trade Agreement between South Korea and the South American common market of Mercosur.
Declaration from the Social Movements and Civil Society organisationss from the Mercosu
While negotiations for a Free Trade Area of the Americas (FTAA) remain on hold in relation to the US elections, the governments of the Mercosur countries (Argentina, Brazil, Paraguay and Uruguay) are hastily negotiating a free trade agreement (FTA) with the EU that is also harmful for the region.
Talks between the European Union and the four-nation South American Mercosur trade bloc, aimed at building the world’s largest free-trade area, will be extended into 2005
South America’s two large trade blocs, the Mercosur and Andean Community of Nations (CAN), have signed an agreement to phase out all import tariffs over the next 15 years, with a view towards eventually creating an immense free trade zone in the region.
The European Union and Mercosur will resume trade negotiations today and decide whether the association agreement — an “utmost geo-strategic and commercial interest” for Brussels — can be reached before November 1 when a new team of European Commissioners takes over in Brussels.