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.”
Argentine President Alberto Fernández Monday said at the European Council headquarters before the plenum of the EU-Celac Summit in Brussels that “Our regions must promote fair and equitable trade based on mutual respect.” He also underlined the importance of working together. It is the first meeting between the two blocs since 2015.
Argentina's Foreign Minister Santiago Cafiero Monday stressed that the trade agreement between Mercosur and the European Union (EU) is hindered by what he called the “asymmetries” between the two blocs.
Presidents of all four Mercosur members (Argentina, Brazil, Uruguay, and Paraguay) will convene Monday in Puerto Iguazu in the Argentine northeastern province of Misiones for the 62nd bloc summit, also attended by dignitaries of the bloc's associate members.
Uruguay's Mario Colman Monday became the new Speaker of Mercosur's Parliament (Parlasur), it was reported in Montevideo.
Brazilian president Lula da Silva reiterated his support for the signing of the agreement between the European Union (EU) and Mercosur but expressed his dissatisfaction with the additional terms proposed by the European bloc, calling them “unacceptable.”
Brazilian President Luiz Inácio Lula da Silva Friday insisted in Paris on the advantages of using a common currency for foreign trade operations and underlined once again that the European Union's demands for the Mercosur agreement were a “threat.”