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
Rich EU consumers 'outsource' environmental impact to poorer neighbours

S.Africa gets 280 mn euros in EU grants for green transition

Climate group sues German government for missing targets

COP28 a chance for 'hard questions' on fossil fuels: UN climate chief

TRADE WARS
Click beetle-inspired robots jump using elastic energy

UC Irvine researchers decipher atomic-scale imperfections in lithium-ion batteries

Electric car batteries could be key to boosting energy storage: study

Novel design helps develop powerful microbatteries

TRADE WARS
New research shows porpoises not harmed by offshore windfarms

UH professor developing new technologies to improve safety, resiliency of offshore energy systems

A healthy wind

Intelligent drones to make wind turbines far more efficient

TRADE WARS
Stability of perovskite solar cells reaches next milestone

Understanding of point defect mechanism boosts photovoltaic performance

Clouds part for solar energy's prospects in West Virginia in grid initiative

Solar tower power plants - sunlight becomes electricity on demand

TRADE WARS
Framatome and Ultra Safe Nuclear to form a joint venture to manufacture TRISO and FCM Fuel

Germany boosts university support for nuclear engineering studies

GE Hitachi signs contract for the first North American Small Modular Reactor

Acquittal of Fukushima operator ex-bosses upheld

TRADE WARS
Farming more seaweed to be food, feed and fuel

MSU discovery advances biofuel crop that could curb dependence on fossil fuel

Artificial photosynthesis uses sunlight to make biodegradable plastic

M2X Energy partners with UCF to convert greenhouse gases into low-carbon methanol

TRADE WARS
Activists slam appointment of UAE oil boss to lead climate talks

UK's Royal Opera House ends 33-year BP funding deal

Iraqi PM to vist France for energy and security talks

Thai fishermen sue Chevron subsidiary over oil spill

TRADE WARS
Climate: Temperate Europe sees southern climes in 2022

After Davos, a race for money to stop climate change

Towards climate studies using quantum technologies

Climate activist Greta Thunberg to storm into Davos