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
- General documents - EP Resolutions of 17 January 2013 on the State of play of EU-Mercosur trade relations - Delegation for relations with Mercosur EP resolution urges advancing EU–Mercosur trade talks with ambitious market access offers on goods, services and investments, while stressing democratic principles and environmental and social standards.
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