Wednesday, 14 May 2014
12.30 – 14.00 h
After years of discussions it seems that the time has come for a bi-regionalAssociation Agreement between the European Union (EU) and Mercosur. To the surprise of many, Mercosur has finalized a joint list of commercial offers for the EU, including the complete elimination of import tariffs for 87% of all products bought from the European bloc. And there will be no different speeds under which tariff reductions will enter into effect. Both regions are on track to exchange market access offers in the foreseeable future. Brazilian and European private sectors support this agreement which will boost trade and investments between the two regions.
Recognizing the link between free trade and sustainable development, the inclusion of environmental issues in the trade negotiation agenda is essential.
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