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In Search of a Feasible EU-Mercosul Free Trade Agreement

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  • Flôres Jr, Renato G.

Abstract

This paper aims at identifying ways to pursue the EU–Mercosul negotiations leading to a free trade agreement (FTA). After reviewing their already long history, it outlines a basic framework, in goods, services and other themes, judged possible. The main point is that, given the prevailing conditions on both sides, an agreement to be signed within a reasonable time must be modest, i.e. along the described lines. It then clearly sets up the decisions confronting the negotiators: either to pursue the modest, feasible option or to terminate negotiations under the FTA heading. The latter, however, does not imply an end to the dialogue. Many actions and measures may be taken – which are easier to discuss and fix – that could pave the way for, in due time, a closer-to-ideal FTA to be considered again. These are the subjects of a last section.

Suggested Citation

  • Flôres Jr, Renato G., 2013. "In Search of a Feasible EU-Mercosul Free Trade Agreement," CEPS Papers 7767, Centre for European Policy Studies.
  • Handle: RePEc:eps:cepswp:7767
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    File URL: http://www.ceps.eu/system/files/WD%20378%20Flores%20EU-Mercosul%20FTA.pdf
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    References listed on IDEAS

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    1. Germán Calfat & Renato G. Flôres, 2006. "The EU-Mercosol Free Trade Agreement: Quantifying Mutual Gains," Journal of Common Market Studies, Wiley Blackwell, vol. 44, pages 921-945, December.
    2. Athukorala, Prema-chandra & Yamashita, Nobuaki, 2006. "Production fragmentation and trade integration: East Asia in a global context," The North American Journal of Economics and Finance, Elsevier, vol. 17(3), pages 233-256, December.
    3. Messerlin, Patrick, 2013. "The Mercosur–EU Preferential Trade Agreement: A view from Europe," CEPS Papers 7764, Centre for European Policy Studies.
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