MercoPress, en Español

Montevideo, February 8th 2023 - 02:59 UTC

 

 

Argentina the 'main obstacle' in reaching a trade accord with the EU, claims Uruguay

Friday, November 13th 2015 - 08:09 UTC
Full article 19 comments
Uruguay Economy minister Astori said Argentina has been “the main obstacle” faced by Mercosur in reaching trade agreements Uruguay Economy minister Astori said Argentina has been “the main obstacle” faced by Mercosur in reaching trade agreements
The Cristina Fernandez economic policies, and veto-clause threat, have clashed with other Mercosur members attempts to integrates globally The Cristina Fernandez economic policies, and veto-clause threat, have clashed with other Mercosur members attempts to integrates globally
However Astori does not shade the strict option of “we're in our we're out” of Mercosur because of the expected political changes in the near future However Astori does not shade the strict option of “we're in our we're out” of Mercosur because of the expected political changes in the near future

It's a fact, Argentina is the 'main obstacle' for Mercosur to advance in reaching a trade agreement with the European Union, and Venezuela, the latest incorporation to the group, is also hindering efforts, revealed Uruguay's Economy minister Danilo Astori during a conference on the country's investment prospects.

 “It could be that in the near future we could perceive attitude changes from Argentina, which has been, we are going to say it openly, the most important obstacle which Mercosur has faced so far, because of its economic policies, to further beyond borders of the region in the search of integration accords”, admitted Astori, who in recent years has become a fervent advocate of open markets and trade agreements.

The situation with Venezuela is 'different' since the country has a 'self-exclusion' attitude when it comes to trade or agreements of this kind, added Astori, who then insisted that this posture should not become an obstacle “to stop Mercosur as a whole” in advancing.

Brazil, lately, on the other hand has shown a “qualitatively different” attitude and a “greater willingness” to have Mercosur join the European Union in an overall trade and cooperation agreement.

“Uruguay must continue with its clear purpose of integration to the world overall, without letting opportunities outside the region go by, and at the same time work from within the region to accompany the global process. In other words, it's time to attempt to put the whole of Mercosur back on rail so it can advance in what remains unfinished” argued Astori.

Likewise “I do not share that strict option 'we're in or we're out', at least in current circumstances and above all when we are in threshold of political changes in the region”.

Given the reticence of Argentina, the Uruguayan and Brazilian governments had proposed attempting a two-speed agreement with the EU, however this initiative fell through, because of president Cristina Fernandez warning with the Mercosur veto rule.

“Now this has meant we must attempt that all member countries support the trade agreement with Mercosur ”as a whole”.

Top Comments

Disclaimer & comment rules
  • Just_out_for_a_sTroLL

    There is another explanation.

    Argentina could simply not find any compelling reason or advantage to sign a deal. It happens.

    Nov 13th, 2015 - 11:04 am 0
  • Mendoza Canadian

    God forbid we should be able to buy parts for cars or other things that are needed and not made here. Then there are the things that just disappear off the shelves. Some of them even made here in this screwed up country. Just recently even Ziplock bags, made in Mexico had gone bye-bye. There is nothing comparable made here. Domestic Rum...going by the name Jamaica...disappeared about 3 months ago...WTF?? I just don't get it.

    Nov 13th, 2015 - 11:42 am 0
  • chronic

    Lol

    latam is doomed.

    Nov 13th, 2015 - 01:14 pm 0
Read all comments

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!