Tuesday, 18 May 2010

VI European Union-Latin America and the Caribbean: the Madrid summits

By tomorrow we expect two mayor events. The European Commission officials and ministers of the Central American countries have been negotiating in Madrid the details of another trade agreement. This morning the ‘nacion’ newspaper announced that the six Central American countries and the European Union has finished negotiating after an exchange of positions that kept awake the representatives of the two blocks. They intend to announce the final agreement on Wednesday. Also tomorrow the EU's trade agreements with Colombia and Peru will be signed. Meanwhile, MERCOSUR is resuming talks with the EU.

Definitely, May has been the month for FTA between EU and Latin America. I am waiting to see the draft of the FTA between Central America countries with the EU since the one between EU and Peru-Colombia regarding Geographical Indications was a rip off!

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