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Europe Daily Bulletin No. 8799

5 October 2004
A LOOK BEHIND THE NEWS /
Prerequisites for a compromise between the EU and Mercosur

The free-trade area is not so much an objective as a fiction. There will not be an agreement at the end of October between the EU and Mercosur, or at least, it won't be a free-trade agreement. I will say it again: if we want the agreement, we will have to reduce our ambitions, because the road to a free-trade zone is impassable. It's not an objective, it's a fiction. The EU cannot countenance free trade in agriculture, and on the other side, the Mercosur countries cannot accept it either in...

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