Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-09-25-Speech-2-251"
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"en.20070925.31.2-251"2
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"Mr President, ladies and gentlemen, do the South Americans still believe in an interregional agreement between the EU and Mercosur? This, I believe, is the question that we must ask ourselves. The trade strategy of the Mercosur countries follows two different paths, on the one hand allowing Mercosur to develop further, but on the other hand, as in the case of Brazil, concluding as many bilateral trade agreements as possible in order to secure a market position for the individual country, if necessary at the expense of the other Members of Mercosur. It sometimes resembles the combination of an Argentine tango with a Brazilian samba. Nevertheless, provided that both the EU and Mercosur continue to believe in the value of a broad-based collaboration between the two continents, then hope remains, despite the pressure of US President Bush to establish a free trade area of the Americas. With 34 countries, the enthusiasm of the Mercosur members is not tremendously great. They are disappointed with the lack of support offered by the United States during the recent heavy economic crisis. Europe is now already Mercosur’s most important trading partner, yet there is still huge potential for growth between both trade blocs. If, therefore, we can do something to resolve the mutual discord between the Mercosur countries, for example by means of collaboration in multilateral trade negotiations such as the WTO, in which the EU and Mercosur frequently have common interests, perhaps we may once again come a little closer to achieving an interregional agreement."@en1
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