No one is admitting it publicly, but there is now little doubt that nine years of negotiations to reach a free trade agreement between South America’s Mercosur trade bloc and the European Union have failed, without even leaving any real hope for the coming year.
In the on-going negotiations for an EU-Mercosur Association Agreement, the EU has today sent Mercosur a completed offer.
South Korean President Roh Moo-Hyun will meet with Latin American leaders next months to seeka free trade agreement, local press reported Tuesday.
Brazilian Foreign Minister Celso Amorim said Monday that differences over agriculture and other issues had made it impossible for negotiations to be completed over a free trade agreement between the European Union (EU) and the Common Market of the South (Mercosur) by Oct. 31, the original target date.
Since the end of 1999 the Common Market of the South (MERCOSUR) and the European Union (EU) have been negotiating a biregional free trade agreement. Apart from the two initial negotiation pillars, “political dialogue” and “cooperation,” the negotiations are about the liberalization of market access.
La Unión Europea y el Mercosur inician hoy en Brasilia el último tramo de negociaciones técnicas con el objetivo de destrabar las diferencias y alcanzar un acuerdo bilateral de libre comercio antes del 30 de octubre, plazo fijado por el cronograma.
Overview of Bilateral Negotiations 2004 involving Trade Agreements: State of Play 27 July
Ahead of India preparing to sign a free trade agreement (FTA) with the
Mercosur group of countries, the vegetable oil and food industries have
cautioned the government to work out the arrangement keeping in mind the
interests of domestic industry.
European Trade Commissioner Pascal Lamy said Tuesday a new round of talks between the European Union and Mercosur in Buenos Aires will be crucial if the negotiations are to be concluded as planned by October.
Talks to link the European Union and South America in one of the world’s largest trade pacts are in their final phase but pose difficult challenges on both sides of the Atlantic.
Un rápido acuerdo entre la Unión Europea (UE) y el bloque sudamericano Mercosur, que lidera Brasil,ayudaría a destrabar las negociaciones para crear el Area de LibreComercio de las Américas (ALCA) el 1 de enero próximo, tal como originalmente se planeó.
Negotiations on a free trade agreement between the European Union (EU) and the Mercosur countries (Argentina, Brazil, Paraguay and Uruguay) have entered their decisive stage.