Despite progress on some issues like services, the latest session of technical-level talks on the trade section of an association agreement between the EU and Mercosur bloc (Brazil, Argentina, Uruguay and Paraguay), which was held in Montevideo from 4 to 8 June, still did not enable any decisive breakthrough, especially on automobiles, for an agreement in principle.
"The parties achieved progress on several issues such as services, and exchanges were constructive overall, but there is still...