Israel signed a free-trade agreement with the Mercosur trade bloc yesterday, making it the first country outside Latin America to do so.
The agreement, which was signed in Montevideo, Uruguay, is expected to double bilateral trade within three years, Eli Yishai, Israel’s minister of trade, industry and labor, said in a statement on the ministry’s Web site. Trade between Israel and the Mercosur countries, which include Argentina, Brazil, Paraguay and Uruguay, is currently about $1.1 billion ccda.
``I see the agreement as a tool that will allow access to important markets with high potential for Israeli industry,’’ Yishai said.
28-Feb-2010
Actually, I hate to burst your bubble, but the free movement of labour will only be temporary, not permanent. Canada will NOT be in a political union with the EU.