GUIDANCE

By Exiting Trade Talks, Argentina Risks Sealing Mercosur's Fate

Apr 30, 2020 | 10:00 GMT

The national flag of Argentina flies above Avenida 9 de Julio, one of the major arteries of Buenos Aires, on Nov. 28, 2018.

The national flag of Argentina flies above Avenida 9 de Julio, one of the major arteries of Buenos Aires, on Nov. 28, 2018.

(Ralf Hirschberger via Getty Images)

Argentina's withdrawal from Mercosur's trade negotiations with South Korea, Singapore, Lebanon, Canada and India does not mean the immediate demise of the South American common market. It will, however, weaken the bloc's ability to inkĀ future trade deals, and brings an additional level of uncertainty to the ratification of Mercosur's already negotiated deals with the European Union and the European Free Trade Association (EFTA). ...

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