EU and Brazil agree on a “speedy conclusion” of the trade pact with Mercosur

MecroPress, 01/25/2013

Brazilian and European leaders called on Thursday for the speedy conclusion of a free trade and cooperation agreement between the European Union and Mercosur. The call for action was made as Brazilian President Dilma Rousseff hosted European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso.

Both the EU and Mercosur “expressed the strong political will to reach an accord,” Van Rompuy told reporters.

Negotiations have so far stumbled over differences on agriculture, especially European farm subsidies, which are seen as hindering Mercosur efficient agriculture.

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