The Foreign Minister of the Nation, Jorge Faurie, stressed this Wednesday (15.5.2019) before the Senate Foreign Relations Committee that "Mercosur must know how to reinterpret itself in the light of an international economy that has completely changed since the day of its formal birth. That world economy is now completely different.".
“Chile, Peru, Colombia and Mexico have free trade agreements with all emerging economies. We have to have the courage to sit down and look at what we have here and see what response we give to China and India, which is one of the countries with the greatest consumer capacity.”, Faurie said.
New rules and international actors
The chancellor also stated that “There is a new paradigm being forged: we are witnessing a world that will have new rules and actors.”. He stated that “this tariff conflict The US-China dispute is, at its core, about primacy in terms of control of the flow of trade, access to technology, and the development of new technologies that are emerging and changing the lives of all the world's inhabitants. This tension will somehow be resolved, and it will define who the main actors are in the next, let's say, 50 years.".
Opening and insertion
The Argentine foreign minister stated that "In these three and a half years, a previous situation of isolation has been broken, which was relevant in political terms and also very significant in economic terms.". And he summarized that "The breaking of economic isolation has been clearly evident in all the work of export promotion and foreign trade, which has allowed us to reach 180 markets in 45 countries.", and that "Regional economies benefited from this opening process”.
Integration and simplification
"ItEverything that has been done in terms of physical integration, simplification of regulations and energy integration is very important." and that "One scenario to which we have given special attention in the international framework is the search for greater integration and links with the countries or dynamic economies that are in Southeast Asia." and that “This is a moment of reflection on where Argentina stands in the world", the chancellor concluded.
Cooperation with Brazil
At a plenary session of the Constitutional Affairs and Foreign Relations and Worship Committees, the opinion of a bill that creates the Permanent Bicameral Commission for Bilateral Integration and Cooperation between the Argentine Republic and the Federative Republic of Brazil was passed for signature.
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