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         Macri, Bolsonaro: Signing of EU-Mercosur free-trade deal is 'imminent'

         Argentina, Brazil say free trade accord with EU at hand

 

 

Macri, Bolsonaro: Signing of EU-Mercosur free-trade deal is 'imminent'

Controversial Brazilian leader visits Argentina for the first time as president, as protesters take to streets. Talks with President Macri focus on Mercosur, boosting respective economies and Venezuela.

 

Buenos Aires Times (Argentina)

June 6, 2019

 

President Mauricio Macri welcomed his Brazilian counterparty Jair Bolsonaro at the Casa Rosada this morning, where the two leaders announced that an agreement is imminent on the long-awaited and much-trailed free-trade agreement between the European Union and the Mercosur trading bloc.

 

Both Bolsonaro, the outspoken Brazil president, and President Macri expressed confidence that the deal would soon be signed as they met in Buenos Aires for talks.

 

"The signing of the Mercosur-EU accord is imminent," declared the Brazil leader, who has actively pushed for the free trade agreement since coming to office in January.

 

"Congratulations to your Excellency for that work," he said a reference to Argentina's holding of the pro-tempore presidency of the Mercosur bloc.

 

"Everyone will win with this: Brazil, Argentina and the other countries in the bloc," added Bolsonaro, whose nation will take over leadership responsibilities after the bloc's next summit, scheduled for June.

 

Echoing that view, Macri said the two groups of nations were "very close to an agreement."

 

The Mercosur bloc, which currently groups together Brazil, Argentina, Uruguay and Paraguay, has been in negotiations with the EU since 1999 to establish a trade agreement. But 20 years of talks have failed to produce an agreement, despite both sides saying on several occasions that they were close to one.

 

The Macri administration said at the end of 2017 that they had hoped to clinch a deal on the occasion of a World Trade Organisation summit in Buenos Aires, but differences arose, especially over agricultural goods.

 

On Tuesday, however, Brazil's Economy Minister Paulo Guedes said an agreement could be reached in "three or four weeks."

 

European trade commissioner Cecilia Malmstrom on May 22 also said the two blocs were near an agreement, and expressed hope...

 

more

https://www.batimes.com.ar/news/argentina/macri-bolsonaro-signing-of-eu-mercosur-free-trade-accord-is-imminent.phtml

 

 

Argentina, Brazil say free trade accord with EU at hand

 

AFP

via France24 - 06/06/2019

 

Buenos Aires (AFP) | The presidents of Argentina and Brazil said Thursday that an agreement is imminent on a free trade agreement between the European Union and the South American trading bloc Mercosur.

 

Brazil's President Jair Bolsonaro and Argentina's Mauricio Macri expressed confidence that the deal would soon be signed as they met in Buenos Aires for talks.

 

"The signing of the Mercosur-EU accord is imminent," said Bolsonaro, who has actively pushed for the free trade agreement since coming to office in January.

 

"Everyone will win with this: Brazil, Argentina and the other countries in the bloc," he said.

 

Echoing that view, Macri said the two groups of nations were "very close to an agreement."

 

Mercosur, which groups Brazil, Argentina, Uruguay and Paraguay, has been in negotiations with the EU since 1999 to establish a trade agreement.

 

But 20 years of talks have failed to produce an agreement, despite both sides saying on several occasions that they were close to one.

 

The Argentine government at the end of 2017 had hoped to clinch a deal on the occasion of a World Trade Organization summit in Buenos Aires, but differences arose, especially over agricultural goods.

 

On Tuesday, however, Brazilian economy minister Paulo Guedes said an agreement could be reached in "three or four weeks"...

 

more

https://www.france24.com/en/20190606-argentina-brazil-say-free-trade-accord-with-eu-hand