Tuesday, December 21, 2010

Brazil, Argentina Seek to Bring Cuba Into Mercosur Trade Bloc

From: [Bloomberg]

Member nations of Mercosur will seek to boost economic and political ties with Cuba in a bid to make the communist island an associate member of the South American trade bloc.

Brazil’s Foreign Minister Celso Amorim, speaking to reporters at a summit of Mercosur leaders in Foz de Iguacu, Brazil, said that member states also agreed on a time frame of 10 years to eliminate exceptions to the bloc’s common external tariff.

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