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EU eases trade with Latin America at Madrid summit

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pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-19-10 06:40 AM
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EU eases trade with Latin America at Madrid summit
Source: BBC

The EU plans to boost trade with Latin America despite warnings from some European ministers and farmers, who fear unfair competition.

EU negotiations with the Mercosur trade bloc, frozen since 2004, will reopen. The Mercosur group embraces Argentina, Brazil, Paraguay and Uruguay.

Trade deals were also reached with Central America, Peru and Colombia, following marathon talks in Madrid.

Many Latin American leaders voiced fears that the economic crisis might unleash a wave of protectionism and anti-immigration measures in Europe, the Spanish news agency Efe reports.

Read more: http://news.bbc.co.uk/2/hi/world/europe/10125785.stm
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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-19-10 06:43 AM
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1. You posted this yesterday when it was LBN ?
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