ENG - Mercosur or Mercosul (Spanish: Mercado Común del Sur, Portuguese: Mercado Comum do Sul, Guarani: Ñemby Ñemuha English: Southern Common Market) is an economic and political agreement between Argentina, Brazil, Paraguay and Uruguay. Founded in 1991 by the Treaty of Asunción, which was later amended and updated by the 1994 Treaty of Ouro Preto. Its purpose is to promote free trade and the fluid movement of goods, people, and currency. The official languages are Portuguese and Spanish. It has been updated, amended, and changed many times since. It is now a full customs union. Mercosur and the Andean Community of Nations are customs unions that are components of a continuing process of South American integration connected to the Union of South American ...
... beef and lamb
The Ulster Farmers’ Union has raised concerns over the current trade deal being discussed between the European Union and Mercosur. UFU beef and lamb chairman Ray Elkin said: “The potential for a Mercosur trade deal is of great concern to the UFU, and could have a devastating impact on Northern Ireland’s beef sector in particular.”
The proposed deal, which is backed by the European Commission president Jose Manuel Barroso and Trade commissioner Karl De Gucht, would likely see a reduction in tariffs on beef imports from Mercosur ...
... Mercosur incorporation
Venezuela in Mercosur will act as a balancing element and Unasur has more than proven its merits, said Paraguay’s new Foreign Affairs minister Jorge Lara Castro who insisted the country must work urgently to overcome asymmetries in the region and passive integration is not enough.
“Paraguay can not live isolated. Our geography and our mediterranean condition already limits us so it is imperative the country integrates and Mercosur is a potent tool, but we also need Venezuela inside since it will act as a balancing element”, said Lara ...
ASUNCION (Paraguay) - The European Union (EU) and Latin Mercosur market group are currently holding a round of association and trade talks and will be exchanging proposals for market access of their list of products in the coming two months.
This is according to the EU Trade Commissioner Karel De Gucht who added: "Currently we are in the negotiation process with Mercosur and we have been advancing steadily, but I wouldn't like to give a date for the conclusion of the discussions".
De Gucht was speaking in Brussels yesterday during the signing of a free trade agreement (FTA) reached with ...
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