EU, Mercosur agree free trade treaty after 20 years

  • 📰 Reuters
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

The European Union and South American bloc Mercosur agreed a free-trade treaty o...

BRUSSELS - The European Union and South American bloc Mercosur agreed a free-trade treaty on Friday, concluding two decades of talks and signaling their push for opening markets at a time of increased protectionism.

As world leaders meet at a G20 summit in Japan, EU Trade Commissioner Cecilia Malmstrom told a news conference the deal sent a “loud and clear message” in support of open trade. In terms of tariff reduction, it could be the EU’s most lucrative trade deal to date, with some 4 billion euros of duties saved on its exports, four times more than its deal with Japan.

Past deadlines had come and gone, because of EU nerves about a surge of beef imports and Mercosur hesitation about opening up some industrial sectors, such as cars.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

hi

A woman Prez with coincidental MM ruling Argentina, or a professional RACIST SEX ABUSER, OBSTRUCTOR OF JUSTICE, LIFELONG PROSTITUTE LIAR WHO TEMPT MARRIED JUDGES & LAWYERS & POLITICIANS AS A LIVING, RULING THE POPE & VATICAN VIA SELECTIVE CIA/NSA/MILITARY WHO HAD LOST THEMSELVES?

That just about sums up what is wrong with the EU in respect of trade, how much has that bureaucracy cost?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

No U.S.-EU trade deal without agriculture: U.S. officialThe United States will not reach a trade agreement with the European Union if ag...
Source: Reuters - 🏆 2. / 97 Read more »

Leaving the EU is straining the union with ScotlandIn Scotland, Boris Johnson is kryptonite: a bumbling Bertie Wooster who takes his privileges for granted Bertie Wooster is funny. Boris is not. If you consider the North Sea oil etc. it makes perfect sense for Scotland to stay in the EU. Not just Scotland to be fair
Source: TheEconomist - 🏆 6. / 92 Read more »

EU calls on Italy to find swift solution for migrants aboard rescue boatThe European Union called on Italy on Thursday to help find a swift resolution f... Impound the ship and sink it. You mean instead of making them sink in Mediterranean Sea? If they help one boat, they watch 10 to sink. Glorious moments of humanity They dont care about blackk people at all... But hey all Europe should help Africa stand on its feet. Stop the create, loot, and share thing..
Source: Reuters - 🏆 2. / 97 Read more »

EU to call for help from G20 leaders in reforming WTOEuropean Union leaders will this week urge the G20 to help reform the World Trad... EU need all the help they can - EndangeredSpecies Shouldn't this be other way round? CHINA is the issue. IRAN is a problem. RUSSIA wants to be relevant.
Source: Reuters - 🏆 2. / 97 Read more »

Iran says saving nuclear deal not its problem, EU warns no alternativeIran warned the U.N. Security Council on Wednesday that it would no longer be bu... Iran. Why do you exist. You're like that rotten egg in a good batch. If IRI is challenging the US to a game of who can care less about JCPOA... .. Iran under the regime of darkness is a major problem for the world
Source: Reuters - 🏆 2. / 97 Read more »

French market watchdog to London: stop trading EU shares after BrexitBritain should give investment firms clarity by signalling an end to the trading... Soure Grapes ho they say t not worried by god they are over Massun employment f EU yes we will have in employment to but they be hit hard , Germany already suffering they need t accept we are leaving Ict 31 st . It’s amazing they say yes y can go but my they do there v best t mak You stay see how they treat UK we big contributors they do not want t lose it they have in ways treated us like Shit , our MPs Leaders are as much t blame we will deal with these S Servering Lot they have made our Country Laughing Stock we not forget
Source: Reuters - 🏆 2. / 97 Read more »