A member from the European parliament, Jean Pierre Audy who headed a mission to Brazil last week said he was confident that next year the long standing negotiations for a free trade and cooperation agreement between the European Union and Mercosur could be concluded.
Russia, Ukraine and China are being blamed for a failure of plans to protect almost 3 million square kilometers of ocean in Antarctica. After two weeks of discussions behind closed doors, the Conservation of Antarctic Marine Living Resources (CCAMLR) has failed to come to an agreement on new marine reserves.
The unemployment rate in the 17-nation Euro-zone remained at a record high of 12.2% in September as the bloc’s recent recovery failed to generate new jobs, official data shows. The number rose by 60,000 to 19.45 million, while the jobless rate for those aged under 25 edged up to 24.1% from 24% in August, according to Eurostat, the European Union’s statistics agency.
Mercosur will be holding a special meeting of foreign ministers next 15 November in Caracas to consolidate Mercosur presentation before the European Union, according to a release from the Argentine Foreign ministry.
European Union member states agreed to impose punitive duties on imports of biodiesel from Argentina and Indonesia, which are accused of selling it into the bloc at unfairly low prices, according to diplomats. Argentina has anticipated it will take the case to the World Trade Organization.
Uruguay and Brazil have concluded their proposals to present to the European Union and are waiting for Argentina and Paraguay, in the framework of current negotiations, delayed for years, to reach a free trade and cooperation agreement between the two blocs.
A landmark trade deal reached between the European Union (EU) and Canada, that will benefit the UK economy and businesses by over £1.3 billion a year, has been welcomed by Prime Minister David Cameron.
Argentine bio-diesel producers will fight European Union proposals to impose punitive duties on imports from the country, saying the move would remove its biggest export market and raise prices in Europe.
Spain will not be involved in ‘joint actions’ with Argentina regarding sovereignty claims over Gibraltar and Malvinas, said on Friday Spanish Foreign minister Jose Manuel Garcia Margallo, arguing there had been ‘misinterpretations’ in the Argentine version of the bilateral ministerial meeting and which was first denied by the Moncla Palace.
The powerful manufacturers lobby, Sao Paulo’s Industry Federation, Fiesp believes a free trade agreement between Mercosur and the European Union is very much needed so that Latam’s largest economy climbs out from the “commercial isolation” in which it currently stands.