ISDS Case Map
Mercosur
The historic decision to break barriers to improve access to costly medicines was taken during the “First Extraordinary Meeting of the Ministers of the Common Market of the South (Mercosur).
Copa & Cogeca have urged EU Ministers to 'reject outright' an EU Commission offer on agriculture which includes sensitive agriculture products in the free trade talks with the Latin American trade bloc Mercosur.
Blocs will exchange offers on the second week of May, followed by meeting in Montevideo.
Uruguay expects to promote the signing of a free trade agreement between Mercosur and China when Uruguay holds its pro-tempore presidency.
The IFA is calling on Minister Coveney and Ireland’s MEPs to come out strongly against a potential EU/Mercosur deal and in defence of farmers and the agriculture sector.
The EU is in a drive to deepen trade ties with Latin America. It is eager to do business with Cuba, and on the cusp of relaunching negotiations with Mercosur.
South American bloc Mercosur is offering to open up 93% of its trade to competition from the European Union to seal a long-sought free-trade deal.
The reason for the delay of the exchange of offers lies on the EU request for the Mercosur bloc to increase the total trade volume to be included in the final agreement.
Brazilian President Dilma Rousseff and her Argentinian counterpart, Mauricio Macri, have expressed confidence that the EU is committed to brokering a trade agreement with Mercosur.
The two countries agreed to hold trade monitoring mechanism and CEOs forums to explore potential areas of collaborations.
