On request from Argentina advance on EU/Mercosur trade talks will be delayed until after next October’s presidential election, revealed the EU Trade Commissar Karel de Gucht.
Members of the European Parliament discussing the agriculture budget said that compensation for beef farmers that could face Mercosur competition, if a trade agreement is finally reached, “is not enough” and anticipated that “we will not accept sweeteners in this area”.
The European Union and Mercosur concluded Friday in Brussels the sixth round of negotiations for a cooperation and trade agreement without any formal exchange of proposals but with the commitment to continue discussions.
Poland which currently holds the rotating chair of the European Union presidency warned that any trade agreements with third parties must strictly abide by the EU sanitary and food security standards.
The Irish government is expecting a report from the European Commission setting out the economic impact on Eire of a potential trade agreement between the EU and Mercosur.
Mercosur/European sixth round of negotiations to reach a wide ranging cooperation and trade agreement took off Monday in Brussels, but rather timidly with no immediate prospects of an exchange of proposals for market access.
European Union and Mercosur delegates are scheduled to meet next week in Brussels for another round of negotiations with the purpose of reaching a trade agreement.
Brazilian president Dilma Rousseff said it was urgent for Mercosur/European Union trade negotiations to conclude although also emphasizing the need to promote and intensive South/South relations, but warning that some outer region countries are intent in “sending us what they can’t sell in developed countries”.
Trade talks between Mercosur and the European Union have been frozen on the “edge of the cliff” because of the European debt crisis, differences over agriculture subsidies and other crucial issues according to sources in Brazil from both sides.
By Antonio Tajani - The challenges and opportunities in Latin America are dear to my heart. This is the first time in many years that a European Commissioner for industry heads to the region. And it is not by chance that I strongly wished to go, as this was a priority set in my new mandate.