A member from the European parliament, Jean Pierre Audy who headed a mission to Brazil last week said he was confident that next year the long standing negotiations for a free trade and cooperation agreement between the European Union and Mercosur could be concluded.
Negotiations are much advanced and we are close to the exchange of proposals for the EU/Mercosur agreement. I believe the process could be finalized before elections, said French MEP Audy in reference to the May ballot for the European Parliament.
MEP is Vice-president of the European parliament committee in charge of relations with Mercosur, and last week headed a delegation of MEPs that held several meetings with Brazilian authorities in Brasilia and Sao Paulo.
However despite his optimism, MEP Audy said he preferred to avoid 'precipitations' regarding the timetable to reach an agreement, since this could lead to a frustration of the process since the end of negotiations is only the previous step to effectively signing the agreement.
In recent years there has been an acceleration of bilateral trade accords signed by the EU and now we have been mandated to negotiate a treaty with United States, which is also in similar dealings with Asian countries, but we consider Brazil can't be left isolated of all this activity, said Audy in an interview with 'Correio Braziliense'.