The European Commission and Mercosur are planning to resume negotiations to reach a new Association Agreement during this month. The Commissioner of the European Trade Commission, Cecilia Malmström, stated that, after the last negotiating round, which took place in early December, and after the attempt to reach an agreement in the framework of the last round of the World Trade Organization (WTO), held from 11 to 14 December, the agreement was very close and would be reached in a matter of weeks.
A quarter of million pounds (approximately 400.000 dollars) is to be used to produce more fruit, vegetables, salad and hen eggs within the Falkland Islands. The Executive Council (ExCo) agreed the funding which is to be administered by the Development Corporation (FIDC) in a bid to reduce the amount of imports into the Islands.
European Union farm ministers will try on Tuesday to agree financial aid for fruit and vegetable producers whose sales have been hit by an E.coli outbreak that has so far claimed at least 22 lives in Europe and triggered a scare in fresh produce consumption.
Chilean farmers and produce distributors estimate that prices will increase for some fruits and vegetables by as much as 10 to 20% within the next 60 days, due to water shortages in northern and central Chile.
Uruguay’s consumer inflation increased 1.09% in July accumulating 4.21% so far this year and 6.29% in the last twelve months, which is in the target range of the Central bank.
The past week’s intensely cold weather has hit farm in central and southern Chile hard, especially those growing fruits and vegetables. Production is expected to drop sharply and there has already been a 20% rise in fruit and vegetable prices.