Skip to comments.Merkel wants hurdles removed to EU-Mercosur free trade pact (South America)
Posted on 06/16/2014 2:16:54 AM PDT by Olog-hai
German Chancellor Angela Merkel assured Brazil on Sunday that she will do her utmost to bring to a successful end the 15-year-old negotiation of a free trade deal between the European Union and South Americas Mercosur trade bloc.
Merkel, stopping in the Brazilian capital on her way to see the German soccer team play in the World Cup on Monday, said Germany and Brazil, the two largest economies in Europe and Latin America, had much to gain from more trade and investment. [ ]
Brazil, a regional powerhouse that is seeking more trade to boost its stagnant economy, feels it is being left behind by advances in the negotiation of trade pacts between Pacific nations and between the EU and the United States.
(Excerpt) Read more at uk.reuters.com ...
I bet the Falklands just became a bargaining chip.
-——Brazil, a regional powerhouse that is seeking more trade -——
Hmmm..... I’m not sure I believe that. Brazil has gone to extremes to prevent trade. I wonder how a reversal is going to happen