The dynamic imbalance in trade negotiations is clearly evident in the case of trade negotiations of Canada and the US with the European Union, and what happens with EU/Mercosur trade talks that have been going for seventeen years, with no clear results yet, according to OAS Secretary General Miguel Insulza.
Brazil and the European Union agreed on Monday to lay an undersea communications cable from Lisbon to Fortaleza to reduce Brazil's reliance on the United States after Washington spied on Brasilia.
In early March Mercosur will have readied its proposal to liberate trade to be presented to the European Union, the basis for a wide-ranging cooperation and trade agreement between the two blocks, announced Rubens Barbosa, head of the Trade Council from the Sao Paulo State Industries Federation, FIESP.
Brazil's National Confederation of Industries, CNI, supports a review of Mercosur rules such as the current impediment for member countries to negotiate trade agreements with third countries, and fervently backs an urgent full trade and cooperation agreement with the European Union.
European Commission President Jose Manuel Barroso has said it would be extremely difficult, if not impossible for an independent Scotland to join the European Union. Speaking to the BBC's Andrew Marr he said an independent Scotland would have to apply for membership and get the approval of all current member states.
Economic growth across the Euro-zone was stronger than expected at the end of 2013, according to official figures, raising hopes the recovery is gaining a foothold. Gross domestic product grew by 0.3% in the October-December period from the previous quarter, said Eurostat, the European Union’s statistics office. That amounts to an annualized rate of about 1.2 %.
The Gibraltar Government will sponsor a group of Gibraltarians and local residents who plan to travel to Brussels to protest before the European Union about delays caused by Spanish checks at the border, reports the Gibraltar Chronicle. The group approached the Government in recent months and is said to include people from all walks of life and from all shades of political opinion.
The Tory plan for a referendum on Britain’s membership of the European Union cleared its first hurdle in the House of Lords last week. The Bill was given an unopposed second reading after a lengthy seven-hour debate in the Lords, in which more than 60 peers spoke.
Argentina's Foreign Ministry refuted an article by Brazilian newspaper Valór Económico reporting that negotiations between Mercosur and the European Union had been delayed by the failure to reach agreement with Argentina over a joint proposal of goods to include in a free trade agreement
Catalonia's president has called on European Union prime ministers for support as the region seeks a vote on independence in November this year, the source of an increasingly bitter fight with Spain's central government.