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Canada interested in closer links with Mercosur announces ‘exploratory talks’

Saturday, June 25th 2011 - 08:00 UTC
Full article 2 comments

Canada and Mercosur agreed on Friday to hold exploratory talks to strengthen their relationship, Canadian Trade Minister Ed Fast said on Friday. Fast is currently in Asunción to promote bilateral trade and investments, and Paraguay currently holds the Mercosur chair. Read full article

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  • GeoffWard

    If Canada tries for a Mercosur Free Trade link (like the EU stalled talks), any Bilateral agreements she makes with constituent Mercosur countries - read Brasil - this will need unpicking.

    Canada is 'the right size' for a FTZ - not too big, not too small - and is not a back-door route to goods from the USA like Mexico seems to be.
    Its food production is complementary rather than competing, and like Venezuela, it produces plenty of 'dirty' shale oil.

    But the Big Prize for Mercosur is the vast European market; it does not have the capacity to DOMINATE Mercosur states like the USA and China can and do.
    There may be years to go before South American states have the PROTOCOLS in place to sign off an even-handed FTZ (or some other) Agreement with the EU - and much more need to understand that trade is only trade, and, as S.A. moves much more to the Left and the EU to the Right, trade need not be confounded by politics.

    Jun 25th, 2011 - 12:33 pm - Link - Report abuse 0
  • Tte Estevez

    Yes but Eu,will never take off the subsidies.This had been tried unilaterally by Argentina in the 1990 and was a failure.Spain,Greece and several other nations will pull out of the Euro
    I agree fully with Jim Rogers.
    The Euro is a fantasy,as the european union...

    Jim Rogers: Euro will probably break up in the next 15, 20 years

    Read more: http://www.digitaljournal.com/article/289294#ixzz1QPSFklmX
    Personally I think he is tooo optimistic of the Euro's life...I think will not survive this decade..

    Jun 26th, 2011 - 06:52 pm - Link - Report abuse 0

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