The determination of European Commission President Manuel Barroso to conclude a deal with Mercosur before he leaves office posed a severe threat to Ireland's interest, Independent MEP Marian Harkin has warned in a piece reported by Irish Independent.
There is no sense in holding discussions if both sides are not ready and there are no dates for a meeting of European Union and Mercosur negotiators, revealed the EU External Action Service Director Christian Leffler who nevertheless expects a positive result in the near future.
Euro-zone inflation fell to 0.5% in May, down from 0.7% in April and well below the European Central Bank's 2% target. The fall means the ECB will be expected to take steps to boost growth and counter the threat of deflation when it meets on Thursday.
European Parliament lawmakers Marian Harkin and Pat The Cope Gallagher have issued strong warnings of soundings coming from Europe of a potential Mercosur trade deal, particularly European Commission President Barroso intention of having the agreement signed before he steps down from office.
The centre right has extended its lead over the centre left in the race for dominance in the European Parliament elections this week, a poll showed, but both sides are expected to fiercely contest the presidency of the European Commission.
Uruguay has expressed an interest in actively participating in negotiations to liberalize trade in services in the framework of TISA, Trade in Services Agreement which recently held its seventh round of talks in Geneva.
Brazil confirmed this week that for the end of May or early June, Mercosur will be presenting its joint tariff-reduction proposal to the European Union for the conclusion of an ambitious, but long delayed, cooperation and trade agreement.
Scottish First Minister warned that 12 countries could be barred from his country’s waters and would not even be allowed to pass through to reach Norwegian waters if an independent Scotland was refused European Union (EU) membership.
Paraguay's foreign minister Eladio Loizaga said that there is no date for the several times suspended Mercosur summit, but a technical meeting is scheduled for next week in Montevideo when the issue, among others will be addressed. Nevertheless he insisted that the different bodies of Mercosur are working normally.
It took time and effort, but believe it or not in less than two months time, Argentina, Brazil, Paraguay and Uruguay will be presenting their joint tariff reduction proposal to Europe for discussions on an ambitious Mercosur/EU cooperation and trade agreement that has been on the table since 1999, said President Jose Mujica.