French Agriculture minister, Annie Genevard has declared to her country’s media that Paris is trying to convince “maximum number of countries”, such as Belgium, Bulgaria, Austria, Ireland and “even maybe Italy” to set up a veto system to impede the signing of a trade agreement between the European Union and Mercosur, the South American trade group.
Argentine Foreign Affairs, International Trade and Worship minister, Diana Mondino said that three are the main foreign policy objectives of the government of president Javier Milei, international trade and treaties, regional integration and improving logistic costs and returning Argentina to a position of international relevance and prestige, a reliable country with a respected loud voice worldwide, in a context of clear and fair rules of the game so promote corporations from the private sector.
The two leaders of the largest economies of Latin America and Europe met in Berlin on Monday to try and conclude a cooperation and free trade agreement between the South American block and the European Union which has been on the table for over two decades.
European Commission Vice President for Trade Valdis Dombrovskis said on Monday that the European Union (EU)-Mercosur trade deal was ready for the final political push after technical negotiations were completed.
European Union officials on Monday congratulated liberal economist Javier Milei on his Sunday windfall election as Argentina's president, with European Council president Charles Michel describing Buenos Aires as a “close partner” and hoping the EU/Mercosur trade deal will be finally ratified.
Spain's acting Ministry of Industry, Trade, and Tourism, Hector Gomez has anticipated that during this semester, in the framework of Spain's presidency of the European Union Council, some of the main differences in negotiations for the trade agreement with Mercosur are expected to be closed, but foundations will be solidly established, which means the signature of the accord will be delayed until the next semester
Brazilian Finance Minister Fernando Haddad said in New York that he believed the future of Mercosur hinged on the outcome of this year's presidential elections in Argentina, Agencia Brasil reported. He also denounced France's attempt to delay the Mercosur-EU trade agreement from becoming effective.
Brazil wants to finally sign the pending trade agreement between Mercosur and the European Union, however, the deal must take place on equal terms and negotiations will be halted if they don't progress this semester. The statement was from President Lula da Silva at the end of the G20 summit in India.
Brazil’s Foreign Minister Mauro Vieira said this week that Mercosur had sent the European Union their position on a European addendum to their long-awaited trade agreement. However, despite the announcement it was revealed that Uruguay and Paraguay have yet to present their positions in writing, diplomatic sources said in both countries.
Paraguay President-elect Santiago Peña has said that Mercosur and the European Union should put on hold talks over a free trade agreement since the current environmental demands from the EU are “unacceptable.”