The European Commission affirms that the negotiations with Mercosur are very advanced and only a final push is missing
Regulation & Compliances
Published Nov 28, 2023
The European Commission stated that negotiations with Mercosur to conclude a trade agreement are in the final stages, with only the political push needed to complete them. The Spanish Secretary of State for Commerce also expressed optimism, stating that there are very few issues left to resolve. They aim to reach an agreement at a summit in Brasilia on December 7.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
The European Commission (EC) assured this Monday that the negotiations it is holding with Mercosur at a technical level to conclude the trade agreement are “very advanced” and only the “political impetus” is missing to complete them. “One can say that the technical negotiations are ready for the final political push,” said the EC Vice President and head of Trade, Valdis Dombrovskis, at the press conference following the meeting held today in Brussels by the trade ministers. The EU. Along the same lines, the Spanish Secretary of State for Commerce, Xiana Méndez, pointed out that right now “there are very few issues that are on the table, very few red lines and many areas of agreement.” “It is likely that (the agreement) is closed until everything is, but the work of the technical teams has been very significant in recent weeks,” said Méndez, who assured that the EU and Mercosur have never been “so close.” ” to conclude the negotiations. Both blocs hope to be able to do so on ...