«An glorious settlement that turns from a possibility right into a necessity» | EUROtoday

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A protracted gestation. The settlement between the EU and Mercosur is the results of a negotiation that lasted 30 years, albeit with intervals of lack of communication, even supposing the 2 industrial areas are complementary and never very aggressive with one another. Yet moderately combative and infrequently quarrelsome inside themselves. Those of Italy, France, Germany and Spain haven’t all the time been convergent pursuits; in addition to these between Brazil and Argentina, the 2 main international locations of Mercosur. Now the end line is close to and, in accordance with Graziano Messana, president of the Sao Paulo Chamber of Commerce and president of the Eurochamber in Brazil and Italy, it’s an settlement that “from an opportunity has become a necessity”. And the place “reciprocity is evident”

Doctor Messana, now we have reached the end line of the EU-Mercosur settlement after a really lengthy and bumpy journey.

It was not a straightforward path, the notion is that the EU moved ahead with what it had in hand, with dedication. The unilateralism of the United States has pushed the EU to make necessary agreements with Latin America. It is a wonderful settlement that has gone from alternative to necessity.

Is there a hazard of sabotage of the settlement?

The deal is a industrial structure venture. The nice power of this settlement is that it creates “predictability”. In a world so weak and with fixed dangers of geopolitical shocks, predictability is a uncommon and necessary useful resource. Any productive funding wants it.