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Brazil/EU summit to be held next year

Staff writer ▼ | August 29, 2015
Brazil and the European Union agreed to hold their annual summit during the first half of 2016, following the exchange of proposals for a wide ranging and cooperation trade agreement between the EU and Mercosur.
Trade talks   The exchange of proposals for the EU/Mercosur accord
The exchange of proposals for the EU/Mercosur accord that have been around since 1999 should take place in November, and Brazil and the EU agreed it would be better that the bilateral summit be held after such event, according to the EU new representative in Brazil, Portugal's Joao Gomes Cravinho.

“It is of significant importance” for the EU to reach a trade agreement with Mercosur and it would be a "historic mistake" not to proceed along that path particularly when all sorts of new trade alliances are being implemented worldwide.

“Mercosur and the EU are going through a positive situation to advance in the negotiations particularly since there is the conviction that the obstacles that have persisted, can be overcome” said the EU official.