Mercosur and European Union chief negotiators met on Friday in Brussels to define if conditions are ready for the exchange of tariffs reductions proposals with the purpose of reaching an ambitious trade agreement which was started back in 1999 and has yet to mature. Read full article
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Disclaimer & comment rulesI still can't understand why Europeans would want such an agreement. Nor how it would work. Mercosur countries can't even act co-operatively between each other. Leaving aside what was done to Paraguay, look at how argieland treats Uruguay. What happens when a series of British-flagged vessels turn up to discharge and/or load cargo at a mercosur port? And how could Brazilian political advisors not be aware of argieland's trade blockade? Is argieland going to try to use an EU/mercosur trade agreement to inhibit trade with the Falklands? How is it going to handle the Falklands status vis a vis the EU? What has mercosur got that the EU REALLY needs? Just drop it. Just tell 'em there might be further talks when they reach the mid-20th century!
Mar 22nd, 2014 - 09:57 am - Link - Report abuse 0Brazil finds out: It's hard to fly with the Eagles when you are surrounded by Turkeys!
Mar 22nd, 2014 - 11:50 am - Link - Report abuse 0It just my opinion but,
Mar 22nd, 2014 - 07:01 pm - Link - Report abuse 0If the unmighty EU gravy train wishes to advance rapidly, then it should in all fairness drop Argentina and leave CFK standing at the station,
As previously stated, why they wish to enter into trade deals with some of them is mystifying at this stage,
But then, where theirs money to be made, they would trade with the devil, would they not..
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What happened to the MercoSur conference due to take place in Caracas this month?
Mar 22nd, 2014 - 07:40 pm - Link - Report abuse 0Any news on this?
Do not think that the EU will enter into an agreement with Mercosur, France will be vetoeing any discussions as regards the common agricultural policy as they have preferencial treatment. Argentine has only Soy and Wheat to sell.
Mar 22nd, 2014 - 07:56 pm - Link - Report abuse 0A Mercosur-EU agreement will be good for the region, but only if the Mercosur countries do respect said agreement. They have a bad record when it comes to respecting trade agreements. As soon as the EU-Mercosur agreement begins to show a trade surplus for the Europeans and a deficit for Brazil or Argentina, there will be problems, they will begin imposing tariffs an quotas. But the real problem for a Mercosur-EU trade agreement lies in the dysfunctional economies of the Mercosur members.
Mar 23rd, 2014 - 11:58 am - Link - Report abuse 0@6
Mar 23rd, 2014 - 01:16 pm - Link - Report abuse 0You make some very good points there.
Also don't forget that Venezuela is a member and a dictatorship, as well as an Economic basket case.
How will that fit with EU policy?
I see trouble ahead. Nothing will be getting signed off any time soon.
Where are these basket cases in SA going to get US$? The biggest problem is going to be the devaluing of all currencies in SA.
Mar 23rd, 2014 - 03:10 pm - Link - Report abuse 0Sadly Venezuela has mortgaged much of it's oil futures to China and is committed to deals at current prices plus 1% for 25 years to the ALBA countries.
Mar 24th, 2014 - 01:19 am - Link - Report abuse 0DOOM!
The EU can't do business because there will be NO USD to trade with regarding Venezuela.
Venezuela is a member of MercoSur and ALBA.
Just do the math.
No dollar No trade. No EU sign up.
Well done Maburro, you just f*ckef it all up for Lat Am.
hope you are proud of yourself!
Ilsen
Mar 24th, 2014 - 06:38 am - Link - Report abuse 0Are you illiterate?
Do you regard facts as something overvalued?
Venezuela is NOT part of the talks between Mercosur and the EU.
And should there be no agreement, it's therefor NOT Venezuelas fault.
You seem to be the burro here...
@10
Mar 24th, 2014 - 12:22 pm - Link - Report abuse 0Is it not Mercosur negociating with the EU? Is not Venezuela a full member since 2012 ( July I think)
You may correct me if I am wrong.
Venezuela joined after the negotiations started and are therefor not part of those this time around.
Mar 24th, 2014 - 02:36 pm - Link - Report abuse 0But will be in the future dickhead!
Mar 24th, 2014 - 10:10 pm - Link - Report abuse 0' not part of this time around'
Being a junior expat in Europe you must have learnt that the EU has only become so powerful, past and present, because Europeans consider all angles and possibilities.
You are naive and out of your depth.
They are still not part of the negotiations, ilsen.
Mar 24th, 2014 - 10:37 pm - Link - Report abuse 0Regardless of how upset you are...
Oh my little stalker Stevie. You do like to follow me about. . sad little boy.
Mar 25th, 2014 - 04:17 am - Link - Report abuse 0Here is the list of items I require from the EU to survive each day:
Mar 25th, 2014 - 02:07 pm - Link - Report abuse 0.
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No deal. thank you.
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