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Proposed China-Mercosur trade agreement
China
Wednesday 27 June 2012
MD
Chinese Premier Wen Jiabao with Cristina Kirchner during a video conference with the presidents of Brazil and Uruguay.
China's Prime Minister has proposed a China-Mercosur trade agreement during a visit to Argentina.
At a meeting with Cristina Kirchner, President of Argentina and videoconference with Rousseff of Brazil and Uruguay's Jose Mujica, Chinese Premier Wen Jiabao proposed the idea of ??a free trade agreement between China and Mercosur countries.
China is ready to start negotiations to boost trade between the partners.
In 2011, Chinese exports to Mercosur totaled $ 48.45 billion, up 34% over the previous year. Imports from Mercosur totaled $ 51.03 billion. China hopes to double trade by 2016.
Mercosur brings together Argentina, Brazil, Uruguay and Paraguay as full members and Chile, Bolivia, Colombia, Ecuador and Peru are associate members.
Mercosur brings together Argentina, Brazil, Uruguay and Paraguay as full members and Chile, Bolivia, Colombia, Ecuador and Peru are associate members.
source : afp
