EU and Argentina confident a trade deal with Mercosur can be reached this year

Source: LinkedIn
By: Aldo Leporati
5/31/2017

The High Representative and VP of the European Commission, Federica Mogherini who visited Argentina praised the rapid progress made in negotiations on a renewed EU/Mercosur trade agreement and was confident remaining obstacles could be overcomes and a deal can be reached by the end of the year. Bilateral political and economic relations, as well as support to regional integration and to multilateralism were at the core of Ms Mogherini visit, where she met with President Mauricio Macri.

The EU and Argentina are strong partners in promoting multilateralism in the current international context, a rules-based world order, human rights and fundamental freedoms, the implementation of the Paris agreement on climate change, as well as free and fair trade. The meetings reconfirmed their shared commitment to the UN system to ensure peace, security and sustainable development. Mogherini stressed that Argentina can count on the European Union's support during its G20 presidency next year and in preparation of the WTO ministerial meeting in December.

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