21/12/2011 (Agence Europe) - Mercosur wants closer ties and increased import duties. Bad news for their trading partners, particularly the EU, which has been negotiating a free trade zone since 2000 with Mercosur. At their summit on 20 December, the Mercosur nations (Argentina, Brazil, Paraguay and Uruguay) decided in Montevideo to increase import duty to protect their own industries. The Brazilian finance minister, Guido Mantega, said that the increased import duties would help them protect...