Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-10-21-Speech-4-163"
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"en.20101021.19.4-163"2
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"Mr President, I would like to commend the rapporteur on trade with Latin America for this eventually well-balanced and timely report.
The deepening of trade relations with the Latin American countries is already under way, as the European Union has recently concluded a Free Trade Agreement with two Andean countries, Colombia and Peru.
Recently, we finished the longest-standing dispute in the WTO with Latin American countries on trade in bananas. We will soon start negotiating a milestone Free Trade Agreement with all of the Mercosur countries with which we conduct more than EUR 62 billion of trade in goods. The EU’s investment stock in the Mercosur region amounts to EUR 167 billion a year.
These numbers are only set to grow in the coming years. The conclusion of such an agreement, along with the upcoming free trade negotiations with Japan and India, will undoubtedly be one of the most significant steps in implementing the EU’s strategy of becoming the most important trade player in the world."@en1
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