Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-21-Speech-4-162"
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"en.20101021.19.4-162"2
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"The European Union represents the biggest source of direct international investment in Latin America. Even though trade between these two regions has intensified, mutual trading between the EU and Latin America is less dynamic compared to trade relations with other regions of the world.
The recently concluded agreement on free trade zone with Korea is an example of good will, while in the case of the Latin American trade group MERCOSUR, negotiations have been conducted since as early as 1999, having even been interrupted for five years. I personally support the process of strengthening and diversifying trade relations with Latin America, including the establishment of a firmer legal framework. This opens up a market of nearly 600 million consumers to the European Union entrepreneur. The fact that Latin America shares with Europe common values, language, history and culture is also of some significance for European Union traders."@en1
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