. Energy News .




.
TRADE WARS
Mercosur pushes for early EU trade pact
by Staff Writers
Asuncion, Paraguay (UPI) Jun 30, 2011

disclaimer: image is for illustration purposes only

Latin America's Mercosur trade bloc is impatient for progress on free-trade talks with the European Union to lead to an early agreement, Brazilian President Dilma Rousseff said.

Brazil has been in the forefront of Mercosur pronouncements on the increasingly contentious talks for reaching a free-trade pact. The negotiations are snagged on European farm industries' fears about a flood of Latin American produce and Mercosur partners' often mercurial behavior toward European exports to the region.

Argentina drew angry rejoinders from Europe over what EU officials called restrictive trade measures that led to imports from Europe being blocked, delayed or made more expensive by stinging taxation, all of which Brussels branded as running counter to the spirit of the according being negotiated.

Rousseff, too, said Latin America wanted an early pact with Europe but not at the expense of its own markets being inundated with cheap merchandise.

Latin American nations, in particular Argentina and Brazil, already have a running feud with China over what they see as dumping of Chinese goods in their markets.

The talks with EU have fueled fears the deluge will rise and also hurt Latin American industry that cannot compete with advanced but comparable European manufactures.

However, the Mercosur-EU pact is a crown that both Latin American and EU partners want to don as soon as possible to extract domestic or regional political gain in tough conditions.

EU negotiators assuaged their outraged farmers' feelings with pledges they won't be hurt by Latin American rivals and promised cash-strapped European businesses the pact would open for them lucrative and vast consumer and investment markets in the Mercosur region.

Mercosur data are drool-worthy for most European entrepreneurs. The region commands a population of 267 million sharing a $2.895 trillion gross domestic production, with a growing middle class.

Mercosur includes Argentina, Brazil, Paraguay and Uruguay as full members, Bolivia, Chile, Colombia, Ecuador and Peru as associates and Venezuela as a full member awaiting ratification. There are moves afoot to upgrade some associates to full membership to strengthen the customs union and make the region even more attractive to Brussels.

Addressing the 41st Mercosur leaders' summit in Paraguay's capital, Rousseff cited the region's economic recovery and growth as a good opportunity to forge European links. But, she warned this could not be at the expense of Latin America's "south-south" exchanges with Africa, Asia and the Middle East.

Rousseff said the Latin American model had preserved the constituent nations' sovereignty and promoted social inclusion.

"We have a region free of nuclear arms and free of ethnic conflicts, but we still have to elaborate an effective strategy for social development and to overcome asymmetries between Mercosur members."

Independent human rights organizations have frequently appealed to Latin American governments to do more to reduce poverty and discrimination against native communities.




Related Links
Global Trade News

.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries


EU chamber welcomes China easing procurement rules
Beijing (AFP) June 30, 2011 - The EU Chamber of Commerce in China on Thursday welcomed Beijing's repeal of policies said to have blocked firms from accessing some areas of the nation's lucrative government procurement market.

The finance ministry announced earlier this week that from July 1, it would abolish three measures linked to China's indigenous innovation campaign, which aims to encourage the development of domestic technology.

The rules drew fierce criticism from foreign governments and companies, who complained the regulations favoured domestic firms and squeezed them out of the government's multi-billion-dollar procurement market.

"The repeal should be welcomed as a step forward towards leveling the playing field," Davide Cucino, president of the European Chamber, said in a statement.

"The repeal represents another step forward following clarification from the Chinese government to the European Chamber in December 2009 that indigenous innovation policies were never intended to be discriminatory."

In April, the chamber accused China of trade protectionism for refusing to grant EU companies equal access to the procurement market.

Beijing acknowledged that the procurement mechanism had some shortcomings, but said it still followed the principles of "justice, fairness and openness."





. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



TRADE WARS
Asia boom attracts cutting-edge architects
Beijing (AFP) June 30, 2011
China and other rapidly developing Asian nations are attracting cutting-edge international architects as their increasingly futuristic skylines offer the chance to push design boundaries. French architect Paul Andreu was handed what he calls a once-in-a-lifetime opportunity when Chinese authorities picked him to design an ultra-modern opera house in the centre of Beijing. "I'm grateful t ... read more


TRADE WARS
US backs Lithuanian energy independence drive: Clinton

Groups Launch National EPA SmartWay Drayage Program

Japan begins power restrictions

Japan sweats out summer in shadow of nuclear crisis

TRADE WARS
Plan for refilling strategic oil reserves?

Iraq, Iran sign gas pipeline and supply deal

Philippines tells China to be 'responsible'

Legends Business Group in Talks to Aid in Efforts to Build Hydrogen Plant

TRADE WARS
Wind power numbers down in Britain

Wind farm inquiry balanced and reasonable

Power-One Inverters Chosen to Power WindTronics

Sheringham Shoal signs up For WindManager wind farm management system

TRADE WARS
Race is on to site largest U.S. solar farm

High-Efficiency IDS Solar Inverter Technology Unveiled in North America

Spanish Government Selects SolarReserve's Solar Thermal Project

Infineon Raceway Lights Up With Major Panasonic Solar Panel Installation

TRADE WARS
German parliament approves nuclear exit

Jellyfish halt British nuclear power station

British government played down nuclear fears: report

Experts: Nuclear waste planning vital

TRADE WARS
Wales wood pellet biomass effort advances

Insight into plant behavior could aid quest for efficient biofuels

Europe accounts for 70 percent of Global Biodiesel Production

Alternative Jet Fuels Will Soon Be Sprouting at Metro Detroit's Airports

TRADE WARS
China to launch new communication satellite

China's second moon orbiter Chang'e-2 goes to outer space

Building harmonious outer space to achieve inclusive development

China's Fengyun-3B satellite goes into official operation

TRADE WARS
US group 'concerned' about climate science threats

Worst drought in 60 years hits 10 million in Horn of Africa

CWRU Law Professor Eyes Prize-based Incentives to Generate Climate Innovation

Fossilized pollen reveals climate history of northern Antarctica


Memory Foam Mattress Review
Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement