EU And Mercosur Exchange Commercial Offers For The First Time Since 2004
The European Union and Mercosur have exchanged commercial offers regarding access to the respective markets of each, following a series of negotiations that began in 2004.
As reported in efeagro.com, the European Commision, who confirmed the advance, is pleased with the move. Permits and licences were also discussed by both parties.
The negotiations for the agreement of association, which included a Free Trade Area between the EU and Brasil, Argentina, Paraguay and Uruguay, commenced in 1999 but were halted in 2004 after a failed first attempt to exchange offers.
Cecilia Malmström, European Deputy of Commerce, affirmed this week during a debate at the European Parliament that Mercosur was willing to improve its offers during the negotiation.
She stated that Mercosur "offers to exporters and investors from the EU an attractive market, subject to tariffs and significant barriers."
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Gabriela Guédez. To subscribe to ESM: The European Supermarket Magazine, click here.