TRADE WARS
Lula urges EU-South America regional trade deal before China talks
by AFP Staff Writers
Montevideo (AFP) Jan 25, 2023

Brazilian President Luiz Inacio Lula da Silva on Wednesday called for the South American trade bloc Mercosur to urgently seal a free trade agreement with the European Union before negotiating with China.

Lula made the comments in Uruguay, which has been pursuing its own commercial deal with Beijing, despite opposition from Mercosur -- made up of Brazil, Argentina, Uruguay and Paraguay.

The EU reached a trade agreement in 2019 with Mercosur following 20 years of negotiations, but the deal has not yet been ratified.

"It is urgent and extremely important for Mercosur to reach an agreement with the EU," Lula said in Montevideo, where he met with President Luis Lacalle Pou.

"We will step up our discussions with the EU and sign this agreement so that we can then discuss a deal between China and Mercosur," he added.

The EU-Mercosur deal has generated a wave of criticism in Europe, particularly among the agriculture and ecological sectors.

Negotiated by the European Commission, it needs to be ratified individually by all 27 EU members states before it comes into effect.

Uruguay had for years pushed for greater flexibility within Mercosur but its independent negotiations with China sparked opposition from fellow members and even rumors that the bloc could break up.

Despite negotiating with China directly, Uruguay "is part of Mercosur, and that has not changed," insisted Lacalle Pou.

"There are no obstacles to informing Brazil (and) Argentina about what is being negotiated," said Lacalle Pou.

Uruguay has also applied to join the Trans-Pacific Partnership (CPTPP) -- a trade agreement involving countries across eastern Asia, the Pacific, and North and South America -- without the agreement of its Mercosur partners.


Related Links
Global Trade News

TRADE WARS
Small businesses, big dreams: Iraq's women entrepreneurs
Baghdad (AFP) Jan 25, 2023
The sewing machines and fabric that surround Alaa Adel at her "Iraqcouture" studio in Baghdad are testament to her success in deeply patriarchal Iraq. Adel, 33, counts herself among a limited number of female entrepreneurs in a country where most women don't work outside the home. "We have a social tradition that prevents many women from working," Adel said at her studio in Baghdad's Karrada commercial district. Even for those who do, "it is not always that easy," she added. The Intern ... read more

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Kremlin keeps mum on missile systems seen on Moscow rooftops

Netherlands set to boost push for Patriot missile defenses in Ukraine

Ukraine forces to receive Patriot air defense training in US: Pentagon

France sends air defence missiles to Ukraine: Macron

TRADE WARS
Ukraine missile toll rises to 40 as Russia denies attack

Australia buys Ukraine-tested US missile system

Raytheon Intelligence and Space awarded Missile Track Custody development contract

N. Korea fires short-range ballistic missile: S. Korea military

TRADE WARS
Swift developing flight planning software for drones in urban environments

Feathered robotic wing paves way for flapping drones

Northrop Grumman partners with NASA to shape integration of uncrewed aircraft into national airspace

All-out drone war in Ukraine points to future

TRADE WARS
Viasat managed services contract by US Marine Corps

OneWeb and Marsh's mission-critical collaboration continues

Northrop Grumman, AT&T and Fujitsu demonstrate 5G-powered capabilities to support Joint Force

Blocking radio waves and electromagnetic interference with the flip of a switch

TRADE WARS
Norway fund drops China, India firms over Myanmar as junta accused of war crimes

Germany says allies can start training Ukrainians on tanks

Germany ready to let Poland send Leopard tanks to Ukraine: foreign minister

Western weapons surge to Ukraine underlines new resolve

TRADE WARS
Morocco says to boost military ties with Israel

Norway stocks up on ammunition with major order

Japan approves budget including record defence spending

$858 bn US defense bill scraps military vaccine mandate

TRADE WARS
Anti-Turkey demo in Sweden deepens tensions over NATO bid

US, Philippines vow to boost security ties to address 'flashpoints'

Kremlin warns of escalation if West gives Ukraine longer range weapons

Kyiv urges allies to 'considerably' boost military aid

TRADE WARS