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Montevideo, October 4th 2022 - 14:20 UTC

 

 

Trade agreement with EU “depends on Mercosur” warns top EC official

Monday, October 14th 2013 - 23:47 UTC
Full article 31 comments
“We’ll wait and see how Mercosur reacts but in the meantime we have been dealing with Brazil”, said Tajani “We’ll wait and see how Mercosur reacts but in the meantime we have been dealing with Brazil”, said Tajani
Minister Loizaga said Paraguay has its proposals ready and can begin negotiations with the EU Minister Loizaga said Paraguay has its proposals ready and can begin negotiations with the EU

The conclusion of a trade and cooperation agreement between the European Union and Mercosur ‘only depends on the bloc’ said the European Commission Vice-President for Industry and Entrepreneurship Antonio Tajani.

“Mercosur has its problems; we have been discussing the cooperation and trade agreement for over a decade, almost fifteen years and the issue is clearly in the hands of Mercosur”, said Tajani following his recent two day visit to Brasilia where he arranged to advance with EU/Brazil talks next February.

“Brazil is too important, is full of opportunities for business and investments, and for the EU agreements are essential to continue developing and expanding”.

Tajani said that the EU has trade agreements with many countries and blocs worldwide, and is currently in negotiations with the United States for a wide ranging trade and investment accord, “which could be of benefit for all sides”.

The EC top official said that Mercosur has ‘problems’ (in reference to the institutional problems created by the suspension of Paraguay and the inclusion of Venezuela as full member without the participation of Paraguay), nevertheless “EU will continue to work with Mercosur, but will also advance in negotiations with the US”.

“We’ll wait and see how Mercosur reacts but in the meantime we have been dealing with Brazil on other issues, which are not necessarily related to trade”.

The EU has a mandate to negotiate proposals (exchange of products’ lists) with Mercosur by the end of the year, but the institutional problems arising with Paraguay and Venezuela, plus Argentina’s reluctance to adhere to a free trade agreement, and more inclined to protectionist practices are conspiring against that goal

“The EU has a mandate to negotiate with Mercosur and thus discussions must be in bloc, which means Paraguay must be included”, said Paraguay Foreign minister Eladio Loizaga, who added that Paraguay has its proposal ready for the exchange scheduled for before the end of the year. “That means we are ready to begin negotiations”.

Finally Loizaga added that “Argentina is a bit delayed with its proposals, and Venezuela will not be participating in the round of negotiations”. Likewise Paraguay as of next year will be the only Mercosur member to benefit from the EU Generalized System of Preferences, since the other countries per capita income has risen above the cap contemplated by the EU.
 

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  • DanyBerger

    13th October

    Bey bey Mercosur “Brazil advance on it own in trade with EU”

    14th October (same year) and no breakfast already taken...
    ”Trade agreement with EU “depends on Mercosur” warns top EC official

    Lesson to be learn for EU, will not be EU/MS agreement without Argentina sorry...

    Oct 15th, 2013 - 05:38 am 0
  • Troy Tempest

    Dany

    You moron.
    Mercosur is far from the savvy negotiator, and Argentina is hardly playing it 'smart'.

    What they are saying is that Mercosur is in such a shambles that it is impossible to do business with them.

    Sounds like it's going to be “bye bye Brazil” as they get fed up and leave Mercosur and Argentina far behind.

    Oct 15th, 2013 - 08:15 am 0
  • tpssm

    I'd like to know what the Argentineans have to say about it? I'm not talking about politicians but economists, businessmen, workers and consumers.

    Oct 15th, 2013 - 10:03 am 0
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