EU, von der Leyen: “One step away from mega deal with India, an anti-tariff message”

Strasbourg (France), Jan. 20 (LaPresse) – “This new Europe is already emerging. On Saturday I was in Asunción to sign the EU-Mercosur trade agreement. It was a breakthrough after 25 years of negotiations. And with it, the EU and Latin America have created the largest free trade area in the world. A market worth over 20% of global GDP. 31 countries with more than 700 million consumers. In line with the Paris Agreement. This agreement sends a strong message to the world: that we are choosing fair trade over tariffs. Partnership over isolation.” This was stated by the President of the European Commission, Ursula von der Leyen, in her speech at the World Economic Forum in Davos. “We will not stop at Latin America. Last year we reached new agreements with Mexico, Indonesia and Switzerland. We are working on an agreement with Australia. We are also moving forward with the Philippines, Thailand, Malaysia, the United Arab Emirates and more. And immediately after Davos, I will go to India. There is still work to be done. But we are on the eve of a historic trade agreement. Some call it the mother of all agreements,” she underlines. “An agreement that would create a market of 2 billion people, equal to almost a quarter of global GDP. And, above all, this would guarantee Europe the advantage of being the first to enter one of the most dynamic and fastest-growing economies in the world. . We are also moving forward with the Philippines, Thailand, Malaysia, the United Arab Emirates. Europe wants to do business with today’s growth hubs and with the economic powers of this century. From Latin America to the Indo-Pacific and far beyond, Europe will always choose the world. And the world is ready to choose Europe,” she remarks.