Internal Crises Prevent Progress on EU-Mercosur Trade Deal

Argentine President Mauricio Macri with EU foreign policy chief Federica Mogherini at a press conference, Brussels, April 7, 2016 (EU photo by Georges Boulougouris).
Argentine President Mauricio Macri with EU foreign policy chief Federica Mogherini at a press conference, Brussels, April 7, 2016 (EU photo by Georges Boulougouris).
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Argentine President Mauricio Macri was in Brussels earlier this month to push the European Union on finalizing a free trade agreement with the South American trade bloc Mercosur. In an email interview, Inmaculada Martinez-Zarzoso, a professor of economics at the University of Goettingen, discusses the state of the free trade negotiations between the EU and Mercosur. WPR: How extensive are trade and political ties between the EU and Mercosur, and what is standing the way of a free trade agreement between them? Inmaculada Martinez-Zarzoso: Mercosur—and especially Brazil, Mercosur’s largest economy—is an important market for EU goods and services. The main […]

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