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Germany and Argentina pledged to fight protectionism

Staff Writer | June 9, 2017
Germany and Argentina voiced hopes Thursday for a free trade agreement between the European Union and Mercosur as German Chancellor Angela Merkel visited Buenos Aires.
Germany and Argentina
Relations   A Mercosur/EU trade deal
In talks with Argentine President Mauricio Macri, Merkel discussed bilateral commerce and efforts to strike a deal with the Mercosur grouping of South American countries.

“We are glad that negotiations for a trade deal between Mercosur and the European Union have been relaunched after having been interrupted for a year,” she said in an address after meeting with German business leaders.

“Germany is seeking allies for the issues that matter to us, just as other countries are seeking allies,” she added later at a news conference alongside Macri.

Although disagreements between Mercosur countries had delayed the talks, Macri insisted Argentina, Brazil, Uruguay and Paraguay now agree on the need for a deal.

The prospect of a trade partnership between the two blocs raises potentially tricky questions over the competition in the agricultural market.