EP Resolutions of 17 January 2013 on the State of play of EU-Mercosur trade relations

Context

Members recall that EU‑Mercosur trade represents nearly as much as EU trade with the rest of Latin America taken together and call for closer cooperation, saying deeper integration will be beneficial to both sides.

Key Topic

Parliament urges both parties to bring sufficient political motivation and significant political backing so they can proceed with the exchange of sufficiently ambitious market access offers on goods, services, investments and the other chapters of the trade pillar of the agreement. It also reiterates the importance of including respect for democratic principles, fundamental and human rights, the rule of law and environmental and social standards in all trade agreements.

What to Watch

Watch whether both parties provide the political backing needed to proceed with the exchange of ambitious market access offers.

Sources

Official Documents

Latest EU trade developments

From the same institution

Similar policy actions

Language