Mercosur
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.