The European Union also has difficulties in completing a draft proposal of goods and services to exchange with Mercosur in the search for a long delayed trade agreement between the two blocks, revealed Uruguayan vice-president Raul Sendic during a report to the Senate on his recent 10/11 June trip to Brussels for the Celac/EU summit. However in the third quarter of the year there should be positive news.
Uruguayan president Tabare Vazquez said that Uruguay, Brazil and Paraguay are ready to sign the long delayed trade and cooperation agreement between Mercosur and the European Union. Such an agreement has become one of the cornerstones of Vazquez presidency faced with falling exports and limited markets.
Uruguay's vice-president Raúl Sendic and Foreign minister Rodolfo Nin Novoa will be attending this week's summit of EU and Celac leaders scheduled in Brussels, which will also address in the sidelines, current EU/Mercosur negotiations for a wide ranging trade agreement.
Uruguayan president Tabare Vazquez removed the country's ambassador before the European Union following comments on Mercosur/EU trade and cooperation negotiations which contradicted recent statements by foreign minister Rodolfo Nin Novoa regarding trade strategy and policy.
Brazil and Uruguay's plan for a more 'flexible' Mercosur to speed negotiations for an encompassing long delayed trade agreement with the European Union have stumbled with the first official reaction from Argentina, which does not agree with the tariffs' proposals policy or individual trade initiatives from member countries.
Uruguayan president Tabare Vazquez will be meeting his peer, Dilma Rousseff in Brasilia this Thursday to address a dense bilateral agenda, and more specifically the workings and future of Mercosur, in search for a more flexible group, open to agreements with third parties.
Mercosur countries have reached a basic consensus to look for mechanisms that will allow individual members to negotiate trade agreements outside the block, announced Uruguay's foreign minister Rodolfo Nin Novoa, who has been leading a strong campaign (with Brazilian support) on the issue.
Uruguay's foreign minister Rodolfo Nin Novoa called on Mercosur to overcome hollow rhetoric and advance towards the elimination of barriers which restrict access to other markets and intra-region trade.
Uruguay again complained about the current stalled situation of Mercosur and called for members to 'sincere' themselves regarding the compliance of the original 1991 founding charter, and hopefully we can at least reach the first stage of the chronogram: a free trade zone which effectively works and has not to bear the brunt of hurdles.
Following on the lead of Uruguay's new government, Paraguay has also demanded Mercosur returns to its roots and original objective with free circulation of goods and no obstructions of any kind or impediments such as tariff barriers. The five countries group has been paralyzed and negotiations for an encompassing cooperation and trade agreement with the European Union remain stalled.