An optimistic foreign minister Susana Malcorra said that Argentina expects the Mercosur/European Union trade agreement to be announced next December during the World Trade Organization meeting to be held in Buenos Aires, and which she described as an event of great political impact.
First vice-president of the European Union Parliament Irish lawmaker Mairead McGuinness has asked EU Commissioners for agriculture and trade for clarity on allegations that Brazil has sold meat that is unfit for consumption.
United States was given 90 days to drop a special tax exemption for the giant aerospace company Boeing because it amounts to an unlawful subsidy. The World Trade Organization (WTO) made the order after investigating a complaint from the European Union.
The European Union and Canada signed a free trade agreement on Sunday that aims to generate jobs and growth though it must still clear some 40 national and regional parliaments in Europe in the coming years to enter fully into force.
If beef is not included, there won't be any agreement, said Uruguay's foreign minister Rodolfo Nin Novoa in anticipation of next week's meeting of European Union and Mercosur coordinators to adjust the list of goods and services the two blocks will formally exchange in mid October, the first formal meeting of its kind in fourteen years.
Talks aimed at setting up a U.S.-European free trade zone have run aground because of intransigence on Washington's part, a top German politician said Sunday. The Obama administration and the 28-member European Union have been in talks to set up the Transatlantic Trade and Investment Partnership, or TTIP, which would be the world's largest free trade zone.
Uruguay's foreign minister Rodolfo Nin Novoa said on Thursday that all agriculture products are included in negotiations for a wide ranging trade and cooperation agreement between Mercosur and the European Union. The chief negotiator for Mercosur underlined that contrary to what was announced by some media, beef and ethanol are included in the proposals exchanged on Wednesday in Brussels between the two blocks.
Trade Commissioner Cecilia Malmström and the Foreign Affairs Minister of Uruguay Rodolfo Nin Novoa, on Wednesday exchanged EU and Mercosur offers on access to their respective markets of goods, services and establishment and government procurement. However this first exchange excluded 'sensitive' items such as beef and ethanol, according to EU sources. The details of the documents exchanged were not made public.
European farmers took to the streets of Dublin outside the EU Commission offices to highlight the potential “sellout” of the multi-billion-euro beef industry in trade talks with Mercosur. Concerns have been rising over discussions at EU level over the impact a deal with Mercosur would have on Ireland's €2.5bn beef industry, which depends on EU markets for over 90% of its exports.
The Irish Cattle and Sheep Farmers’ Association (ICSA) is to protest on Wednesday May 4, in Dublin against the proposed Mercosur and TTIP trade deals. The protest will take place outside the offices of the European Commission in the Irish capital.