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The EU still hopes to close the Mercosur trade agreement this year

The European Union (EU) still hopes to reach agreement this year on the main negotiating lines of the trade agreement negotiated with Mercosur, although there are still discrepancies on aspects such as ethanol or meat products.

Brussels, Oct 9 (EFE) .- The European Union (EU) is still confident that this year will reach agreement on the main negotiation lines of the trade agreement negotiated with Mercosur, if "There will be an agreement in which the parties say: we have arrived at a point of no return," they pointed out. sources, who left open the door to the end of the exercise still need to refine some details of the pact.

The optimism of Brussels is based on the fact that, both in the EU and in Mercosur, there is political will, involvement in technical talks and sufficient negotiating space, they said.

The community balance of the state of the talks comes after both delegations closed a negotiation round in Brasília last week with "good progress", according to Brussels.

The European ethanol and beef offer "does not enthusiastic "Latin American negotiators, according to community sources, who did not give details of their proposal.

Ambassador Ronaldo Costa, a member of the negotiating team of the Mercosur, had indicated in Brazil at the end of the last round of talks that the EU offered Argentina, Brazil, Uruguay and Paraguay annual quotas of 70,000 tons of meat bovine and 600,000 tons for ethanol, an offer that the South American bloc considered "insufficient."

Although there are only two months left by the deadline set by the parties from the community bloc hope to reach "a conclusion" at the end of the year and a "political agreement" on the most divergent points of the negotiation.

Negotiators of both blocks will be recalled in Brasilia in early November and it has been agreed that, if necessary, a new meeting would be held in early December in Brussels.

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