Mercosur is being left out of the main global trade flows since it only belongs to 1% of free trade treaties or tariff preference agreements, which actually represent half of world trade, said Uruguay's foreign minister Rodolfo Nin Novoa during a conference on Education and regional integration.
We are interested in integrating to the main trade flows of the world and Uruguay and Mercosur are being left out of that dynamic traffic. Half of world trade operates under the umbrella of free trade treaties or tariff preference agreements and Mercosur only participates in 1% of them, said Nin Novoa.
The Uruguayan minister made the comments following the opening of a conference on education and regional integration which took place at the Mercosur seat in Montevideo.
If we are part of the world's bread basket...we have to be in access conditions to all those markets that demand our commodities and this is extensive to all other countries that compete with us.
Thus Mercosur needs to make a great effort to comply with at least the first article of its (1991) founding charter which clearly establishes the free circulation of goods, services and production factors.
With this we would be achieving a great leap forward underlined the Uruguayan minister that since taking office last March first has been strongly advocating for a more open and agile Mercosur.
The seminar on education was on occasion of the 24th anniversary of the Mercosur Asunción founding treaty, and to underline the 23 years of work in the education field in the region, an area which has managed great advances.
A lot is said about how bad things are in Mercosur but there are some that are working, and very well and education is one of them, said Nin Novoa who also mentioned other advance areas such as health services, frontier integration, structural convergence planning, private international law cooperation, consular relations.
Finally when asked about the TISA (services trade) agreement, Nin Novoa said he would make a statement on the matter once he collects all the data. TISA, sponsored by the World Trade Organization stands for Trade in Services Agreement and targets a freer framework at global level. Uruguay expressed interest in the initiative and last September made official a request to join.