Course summary EU - Mercosur Free Trade Agreement (FTA):
The EU Mercosur Free Trade Agreement. Argentina, Brazil, Paraguay and Uruguay. Trade in goods and services
The European Union began free trade negotiations with Mercosur -Southern
Common Market- (Argentina,
Brazil,
Paraguay and
Uruguay) in 1995. These
negotiations were suspended without agreement in 2004. The EC decided to
relaunch the negotiations with Mercosur in May 2010. Since then,
three negotiating rounds took place and the next one is scheduled in March 2011
in Brussels.
In 2009, EU-Mercosur trade represents nearly as much as EU trade with the rest
of Latin America taken together.
In 2008, the EU was Mercosur's first largest trading partner, representing 20.7%
of total Mercosur trade, and it is the largest investor in Mercosur. Mercosur
ranks 8th among EU trading partners, accounting for 2.7% of total EU trade in
2009.
The EU is Mercosur's first market for its agricultural exports, accounting for
19.8% of total EU agricultural imports in 2009.
EU exports to Mercosur focus largely on industrial products including machinery,
transport equipment and chemicals.
Trade in goods:
- EU goods exports to the Mercosur Region 2009: €27.2 billion
- EU goods imports from the Mercosur Region 2009: €35.1 billion
- FDI- EU investment stock in the Mercosur Region 2008: €167.2 billion
Example of the course EU-Mercosur Free Trade Agreement
(FTA):
Educational level: Continuing education / Executive education programs.
EENI International Business
