Argentina will from next week open the doors for Brazilian imports held up on the border between the two nations, according to Brazilian Minister of Development, Industry and Foreign Trade Fernando Pimentel.
The European Commission president Jose Manuel Barroso called on Mercosur to decide whether it wishes to advance in trade talks with the European Union jointly, as a block, and suggested the idea of a two-speed negotiation, since it is clear that Brazil is interested in advancing and wants to reach an agreement.
Zimbabwe will not allow the production of Genetically Modified Organisms (GMO) cereals in order to protect the local seed industry, said Agriculture Mechanization and Irrigation Development Minister Joseph Made.
In a move to support the timely implementation of the World Trade Organisation (WTO) Trade Facilitation Agreement, EU Development Commissioner, Andris Piebalgs and Trade Commissioner, Karel De Gucht, committed to cover a significant share of the funding needs of developing countries to implement the agreement.
The Political and Security Committee of the EU endorsed a request from the African Union addressed to the European Union for funding of €50 million for the African-led International Support Mission in the CAR (AFISM-CAR).