Germany says amicable solution remains goal for Mercosur deal
FILE PHOTO: A drone view shows the word "Mercosur" made with city signs on a road as French farmers protest against the prospect of a trade agreement between the European Union (EU) and the Latin American countries united within Mercosur, near Angouleme,
BERLIN (Reuters) - Germany's goal remains to find an amicable solution in negotiations on a trade deal with South America's Mercosur bloc and it is in talks with all partners, including France, which opposed the agreement, said a government spokesperson in Berlin.
"Our aim was and remains to find an amicable solution in the negotiations, and we are of course in talks with all partners, including France," the spokesperson said at a regular news conference on Friday.
"There is now a unique opportunity to conclude the deal and we must not miss it," the person added, calling for the "greatest possible pragmatism" and willingness to compromise.
The European Union and Mercosur bloc are expected on Friday to finalise a free trade agreement but it faces a tortuous battle for approval in Europe given firm French opposition.
German Chancellor Olaf Scholz last month urged the EU to change how it concludes trade deals and prevent single countries from putting the brakes on them by moving towards EU-only agreements that can then be adopted with a qualified majority in the Council and with Parliament.
While Scholz was referring to future agreements, "we would not rule out an EU-only agreement for agreements currently being negotiated, such as Mercosur, if it becomes apparent that no other agreement is possible," the spokesperson said on Friday.
(Reporting by Andreas Rinke. Writing by Miranda Murray. Editing by Friederike Heine and Mark Potter)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Indian police use water cannon at new protest over test paper leaks
- US Treasury buybacks a 'mistake' costing credibility, says Druckenmiller
- Vietnam says its foreign minister will visit Myanmar on Wednesday
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share