McConnell: Outlook 'Bleak' for TPP This Year
McConnell: Outlook 'Bleak' for TPP This Year
Argentina’s Ambassador Martín Lousteau spoke on the limitations of Mercosur at the COA and U.S. State Department Washington Conference on the Americas.
In other Latin American news, Argentina’s ambassador to the United States, Martín Lousteau, was candid about the limitations of the Mercosur agreement between his country, Brazil, Uruguay, Paraguay and Venezuela at this week’s annual Council of the Americas meeting at the State Department.
“I think we put the bar for ourselves too high when we did a customs union,” Lousteau said, referring to the unachieved goal of creating a common market along the lines of the European Union. Argentina’s reform-minded new president, Mauricio Macri, has moved quickly to improve the country’s badly damaged trade reputation, but Lousteau cautioned against expecting big changes within Mercosur too quickly given the political and economic turmoil in Brazil.
