South American bloc Mercosur is offering to open up 93 percent of its trade to competition from the European Union to seal a long-sought free-trade deal, Uruguay's president said Monday. Permanent members Argentina, Brazil, Paraguay and Uruguay "presented a list of products and articles" they are willing to include in a free trade deal, President Tabare Vasquez told reporters.
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Topics: INTRA-REGIONAL TRADE
Regions: LATIN AMERICA AND THE CARIBBEAN (LAC) SOUTHERN CONE EUROPEAN UNION (EU)
Authors: EU BUSINESS