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    Posted June 26, 2012 by
    TANIA2022

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    China is interested in an FTA with Mercosur

     
    China is interested in an FTA with Mercosur

    The Chinese premier, Wen Jiabao, proposed to initiate preliminary studies for a free trade agreement between his country and Mercosur, a South American subregional bloc of the Southern Cone.
    Wen's announcement came as part of a meeting held in Buenos Aires with Argentina's President Cristina Fernandez, and attended by teleconference, the presidents of Uruguay, Jose Mujica, and Brazil, Dilma Rousseff.
    Wen is on a tour of several countries in the region.
    China is already a major trading partners of Mercosur, comprising Argentina, Brazil, Uruguay and Paraguay.
    This latter, however, did not participate in the meeting.
    Not issued an official reason for the absence of Paraguay, a country that was suspended for the next Mercosur summit for what was described as "democratic order" in that country.

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