Mercosur Holds First Negotiating Round for Korea Trade Deal, Looks to EU Next Steps

September 20, 2018

Officials from the South American customs bloc Mercosur held negotiating meetings last week with South Korea and the European Union, respectively, as the coalition looks to cement trade ties with new partners. 

While talks with the EU have been ongoing for almost 20 years, formal negotiations with South Korea were launched in May. Both talks happened at the same time as Argentina’s hosting of a G20 trade ministers’ meeting, which focused on fostering dialogue on WTO reform and the current trading climate, as well agri-food value chains and the trade-related changes wrought by technological and industrial change. (For more on the G20 meetings, see related story, this edition) 

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Topics: REGIONAL TRADE AGREEMENTS (RTAS)

Agreements: COMMON MARKET OF THE SOUTH (MERCOSUR)

Regions: EUROPEAN UNION (EU) SOUTH KOREA LATIN AMERICA

Authors: INTERNATIONAL CENTRE FOR TRADE AND SUSTAINABLE DEVELOPMENT (ICTSD)

RTA

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