The European Union and Mercosur begin Monday a new round of negotiations in Brussels to reach an association and trade agreement although proposals for market access will not be on the table yet.
France warned Tuesday that it is following closely European Union/Mercosur trade talks to ensure that farmers from both blocks are strictly subjected to the same rules.
The European Union Trade Commissioner Karen De Gucht anticipates a full trade agreement with Mercosur will be reached in a “short time” given the negotiations “unusual” speed but also cautioned about new challenges such as currencies over or under appreciation.
The European Union Trade Commissioner Karel De Gucht will travel next week to Paraguay and Uruguay to reinforce bilateral relations and to advance on the ongoing EU/Mercosur negotiations to reach an overall trade and cooperation agreement.
In anticipation of a new round of Mercosur/European Union trade talks to take place in Brussels, EU Trade Commissioner Karel De Gucht confirmed he remained hopeful a deal could be struck in the coming twelve months, following the recent experience with South Korea.
The European Union remains fully committed to reach a free trade agreement with Mercosur said Geoffrey Barrett head of the EU delegation in Uruguay and Paraguay, during a EU sponsored conference in Asunción.
French Agriculture minister Bruno Le Maire reiterated Paris ‘strong rejection’ of European Union trade talks with Mercosur and said that Europe “is no dumping ground for Mercosur agriculture produce”.
EU trade chief Karel De Gucht said on Tuesday in Brazil that a EU-Mercosur trade pact could happen “in less than a year”, despite France's “firm” opposition to a deal with the South American block.
European Union Trade Commissioner Karel De Gucht is expected in Brazil to advance trade talks with Mercosur. Brazil currently holds the Mercosur rotating chair. The top EU official will visit Argentina later in the week.