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The European Union and MERCOSUR: Prospects for a Free Trade Agreement

Published online by Cambridge University Press:  02 January 2018

Victor Bulmer-Thomas
Victor Bulmer-Thomas*
Affiliation:
Institute of Latin American Studies and Queen Mary and Westfield College, University of London
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Abstract

Negotiations between the European Union and MERCOSUR aim to establish the first free trade agreement ever between two customs unions. Among the potential obstacles are compliance with World Trade Organization rules, treatment of “sensitive” products, and competition from the proposed Free Trade Area of the Americas. This analysis reviews the economic background on both sides, the motivation, and the prospects for success, along with the agreement’s potential impact on the largest third party, the United States.

Type
Research Article
Information
Journal of Interamerican Studies and World Affairs , Volume 42 , Issue 1 , Spring 2000 , pp. 1 - 22
Copyright
Copyright © University of Miami 2000

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