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Old 07-05-2019, 03:26 PM
 
24,198 posts, read 17,584,759 times
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Quote:
Originally Posted by AntonioR View Post
Also, most exports being natural resources isnít in itself bad. In fact, economies such as Australia and New Zealand depends on their exports of several meats and other natural stuff, yet they are developed economies. Population size vis-a-vis their exports and developing other internal sectors is very important. You can also see some of the oil rich countries as the UAE, Qatar, Kuwait, etc which are rich and developed despite being absolute kingdoms and not democracies.

Argentina needs to get its act straight with its political class, which I think is the main reason that country hasnít reach developed status as of yet.
Could be. But the bottom line is the member states have not yet ratified a free trade deal YET and until they do, there is no real announcement.

The US will not enter a free trade agreement with South America.
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Old 07-05-2019, 04:01 PM
 
120 posts, read 52,625 times
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Quote:
Originally Posted by NyWriterdude View Post
The EU will just fine without a trade deal with Mercosur. As it is Spanish companies own considerable interests in Latin America and Spanish, British, and Dutch companies still for oil there.

European nations are advanced Western nations that donít need free trade deals with poor, corrupt, nations. No more than US.

Trump will not sign a free trade deal with Mercosur, and nor will the next Democratic President.

Thereís absolutely no real interest in the US or in Europe in building up South America. Modern prosperity in the US or in Europe has nothing to do with Mercosur. If anything itís South America that has to import a lot of American, European, and Asian brands.
Many nations in LA have signed free trade agreements with the us, the eu as well as with many other countries. Peru has had a free trade agreement with the US for over a decade, and also with the EU. There is really not any great benefits to be had with free trade agreements, it's actually a detriment. It's better to trade the way Bolivia has been doing; without any free trade agreements and their economy has continually grown for decades now, and at unimaginable growth rates.

https://en.wikipedia.org/wiki/Peru%E...tion_Agreement

https://www.economiayfinanzas.gob.bo...06&categoria=5
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Old 07-07-2019, 07:41 AM
 
24,198 posts, read 17,584,759 times
Reputation: 9149
Quote:
Originally Posted by naners1 View Post
Many nations in LA have signed free trade agreements with the us, the eu as well as with many other countries. Peru has had a free trade agreement with the US for over a decade, and also with the EU. There is really not any great benefits to be had with free trade agreements, it's actually a detriment. It's better to trade the way Bolivia has been doing; without any free trade agreements and their economy has continually grown for decades now, and at unimaginable growth rates.

https://en.wikipedia.org/wiki/Peru%E...tion_Agreement

https://www.economiayfinanzas.gob.bo...06&categoria=5
Yes, but there are no free trade agreements between Mercosur and the US or the EU. It would be political suicide to try to have one in the modern US.
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Old Today, 06:27 AM
 
728 posts, read 380,908 times
Reputation: 275
Quote:
Originally Posted by AntonioR View Post
Also, most exports being natural resources isnít in itself bad. In fact, economies such as Australia and New Zealand depends on their exports of several meats and other natural stuff, yet they are developed economies. Population size vis-a-vis their exports and developing other internal sectors is very important. You can also see some of the oil rich countries as the UAE, Qatar, Kuwait, etc which are rich and developed despite being absolute kingdoms and not democracies.

Argentina needs to get its act straight with its political class, which I think is the main reason that country hasnít reach developed status as of yet.
For the Mercosur countries export food is really easy trade agreements are not needed, since the east Asian countries continue growing with that huge population much more food will be need.

The trade agreements for the Mercosur works much more internally to become our industry more competitive and became imported stuff cheaper.
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