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Brazil wants new fast trade agreement talks with the EU

  • Brazil wants new fast trade agreement talks with the EU

    by Market Insider

    Monday, 28 Oct. 2013

    For Brazil the Free Trade Agreement with Europe cannot come soon enough; to speed up the negotiation process a proposal has developed for the participating Mercosur countries according to a report of the Flemish Information Centre for Agriculture and Horticulture (VILT).

    Talks on a free trade between Europe and the Mercosur countries Argentina, Brazil, Paraguay and Uruguay started now almost ten years ago but have not yet led to a breakthrough. European agriculture organizations fear unfair competition.

    The mutual distrust is particularly on market access; Brazil has not given up hopes and will negotiate the proposal that it has developed with other Latin American countries where it expects to come to a consensus text that can be presented to Europe.

    Source: Fruchtportal

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