Trade Bloc Eyes Agreement with Syria, Palestinians

FOZ DE IGUACU, (AFP) – The South American trade bloc Mercosur on Thursday opened talks with Syria and the Palestinian Authority on free trade agreements, an Argentine official, Luis Kreckler, told reporters. The bloc – comprising Argentina, Brazil, Paraguay and Uruguay – signed formal ag

Trade Bloc Eyes Agreement with Syria, Palestinians

FOZ DE IGUACU, (AFP) – The South American trade bloc Mercosur on Thursday opened talks with Syria and the Palestinian Authority on free trade agreements, an Argentine official, Luis Kreckler, told reporters.

The bloc – comprising Argentina, Brazil, Paraguay and Uruguay – signed formal agreements on the negotiations with Syrian and Palestinian officials on the sidelines of a Mercosur meeting underway in the southern Brazilian town of Foz de Iguacu.

The accords follow the controversial recognition by Brazil and Argentina of a Palestinian state, in the teeth of opposition by Israel and the United States. Uruguay has said it will follow its neighbors’ lead next year.