Mercosur wants a trade pact with the EU "based on values", says Argentina

The Argentine Foreign Minister, Jorge Faurie, affirmed today before the Vice President of the European Commission (EC), Jyrki Katainen, that the member countries of the Mercosur coincide in the idea of ????having with the European Union (EU) a "value-based" trade agreement that promotes "fair sustainable development".

Buenos Aires, Nov 9 (EFE) .- The Argentine Foreign Minister, Jorge Faurie, affirmed today to the Vice President of the European Commission (EC), Jyrki Katainen, that the member countries of the Mercosur coincide in the idea of ????having a "value-based" trade treaty with the European Union (EU) that promotes "fair sustainable development".

At an event organized by the Argentine Foreign Ministry, Faurie confirmed that the member countries of Mercosur (Argentina, Brazil, Paraguay and Uruguay) are "aligned in the vision of why it is good to have this agreement" that is negotiated between both regions and the importance of such a treaty being "based on values, promote fair sustainable development and be based on rules."

"Offers are on the table. they keep a balance in what each one has to give and each one has to give in. We can reach a mutually interesting agreement, "he continued.

Before a dozen European ambassadors, businessmen and diplomats, Faurie said he had "high hopes" on the success of the negotiations and reiterated that "the European Union and Mercosur have a common destiny" in this pact, which it is "fundamental to create employment".

"The dialogue with the European Union makes it the excellent partner to create the first step of this process of insertion as a region in the economy. international, "said the Argentine minister, who recalled that from Mercosur they hope to reach an agreement before the end of 2017.

Katainen, who is also responsible for the promotion of the Employment, recalled that "reform or not reform are not options" in this world of constant changes, because if you do not renew "the others do."

Likewise, he advocated for this tried to eliminate barriers and "unlock the potential of Mercosur".

"While some build walls and strengthen protectionism, we have seen an opportunity," he said. Katainen.

In the same vein, Faurie exemplified the case of Argentina as a country that closed borders -in the past- and that failed to boost the economy or be more competitive.

"Today is a tendency of the world to build walls (...) We can tell you, it does not work, the wall does not protect you because the technological revolution is of such magnitude that the wall no longer contains, "he argued.

" When the wave comes it is best to get the sense of the wave and learn to swim to swim faster and faster "because" create barriers, close the Economy only generates economic imbalances, dependence, more poverty and technological backwardness, "he continued.

In a period of" many turbulences, great transformations ", referring to the economic and social ups and downs that have affected both regions, Argentina has set itself the goal of being more productive and competitive through the improvement of infrastructures and connectivity, to adapt its logistics in commerce and production and to ensure "a better flow of investments," Faurie explained.

Katainen, for his part, insisted on the viability of these international agreements, in their need to obtain better commercial results and recalled that, after all, "products and services are no longer done in one place".

"The parties, the components of many countries come together in a planetary production plant, "he summarized on the need to acquire new levels of integration in globalization.

The European diplomat is in Argentina to give impetus to the negotiations on the trade agreement between the European Union and Mercosur.

This Friday he will make a visit to characteristics similar to Brasilia.

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