Pascal Lamy head of the World Trade Organization is holding talks to try and salvage the ailing Doha Round of trade liberalization talks that have been stalled for almost a decade.
EU Trade Commissioner Karel De Gutch together with Colombian Minister for Trade Sergio Diaz-Granados Guida and Peruvian Deputy Minister for Foreign Trade Carlos Posada Ugaz, celebrated Wednesday in Brussels the initialling of an ambitious trade agreement between the EU, Colombia and Peru.
Peru and Mexico signed this week a trade agreement with the aim of jointly reaching out to Asia, an undertaking that they want Chile and Colombia to join
White House officials said the United States and Colombia have reached a deal on a free trade agreement. President Barack Obama and Colombian President Juan Manuel Santos are to meet Thursday to discuss the deal.
United States farmers have called on the US government to approve the free trade agreements with Colombia and Panama because Mercosur countries are taking a bigger share of US agriculture exports to those countries.
Although in public former Argentine president Nestor Kirchner was supportive of Uruguay’s negotiations for a free trade agreement (FTA) with the United States, members of his cabinet warned the US embassy in Buenos Aires that Argentina would block such an initiative in Mercosur, according to the contents of several Wikileaks cables published in Montevideo and Buenos Aires.
Having pushed through a strong safeguard clause to protect European industry and received guarantees from Seoul that the new Korean legislation on car CO2 emission limits would not be detrimental to European car makers, the Parliament on gave its consent to the most ambitious trade agreement the EU has ever negotiated.
Syrian President Bashar al-Assad on his first-ever tour of Latin America proposed a free trade agreement with Mercosur after meeting Wednesday in Brasilia with his Brazilian counterpart Lula da Silva and giving a conference at the Foreign Ministry seat in Itamaraty Palace.