AN EU-MERCOSUR TRADE DEAL COULD OFFER OPPORTUNITIES FOR EUROPEAN CAR-MAKERS
May 1st, 2010
BY PACIFICA GODDARD, ALAN OSBORN and KEITH NUTHALL
EUROPEAN automakers will be looking to boost exports to the Mercosur countries of South America, if they strike a trade deal with the European Union (EU). A resumption of negotiations on slashing tariffs for goods traded between the EU's 27 member countries and the four-country Mercosur block, (Argentina, Brazil, Uruguay and Paraguay), has been announced by the European Commission, the EU's executive. An earlier attempt to forge such as deal was suspended in 2004, after nine years of negotiations failed to ...
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