What do you think of the free trade agreement announced between Mercosur and the Andean Community?
The Andean Community and Mercosur have been having talks for a long time. The fact that they have now reached a real agreement is down to the commitment of Brazil. The market of Mercosur alone is too small for its expanding economy, so Brazil is taking steps to create a south-American market. Since there has been little trade integration until now, Brazil is funding many joint infrastructure plans to create the physical conditions needed for trade. What importance do the trade talks with the EU have? Are they helping the countries in the region to escape the overwhelming grip of Big Brother in the north? The negotiations for a free trade agreement with the EU are of considerable importance for Mercosur. It is the only Latin-American economic area, where trade with Europe is more important than commerce with the USA. The EU is the most important investor and trading partner for both Brazil and Mercosur. 25 per cent of exports go to Europe and the USA is in second place. Conversely, only
Related Questions
- I think my first export market should be to the U.S., but where can I find information about the North American Free Trade Agreement and how it applies to my product?
- What do you think of the free trade agreement announced between Mercosur and the Andean Community?
- Where is the free trade agreement at?
