CurrentandFutureCooperationundertheEUMERCOSURAgreement 3 25 2007.In2005 , tradecoveredbypreferentialagreementsreached63percent — 12 percentintraregionaland51percentextraregional — whichwasexpectedtorise to72 percentin 2007.Traditionalintegration schemesseem to havelost relevancefortheinternationalagendasoftheirmembers. Inlightofproblems withthepronounced political , economicandsocial heterogeneityofLatin Americancountries — andthus withtheacceptanceand negotiation offullblown Association Agreements with an FTA — it was recommendedtoseekformulaswhichmakearegionalbasedstrategycompatible withbilateralapproaches.Proceedinginadifferentiatedmanner , withtailored gradualcalendarsandscopeaccordingtothevariouscapacitiesofthoseinvolved isonewayforward , assuggestedbyrepresentativesoftheprivatesectorin BraziltotheEUMERCOSURmeetingon12November2009.Inordertomake progress , Argentina seemed to suggestabandoning the usualnegotiating approachof “ nothingisagreeduntileverythingisagreed ” toclosechapterson whichprovisionalagreementhasalreadybeenreached , aswellastoaddress tradeandotheropenissueswithpossibleadaptationclauses ( forexample , to smooththingsoverindifficultsituationswithregardtocompetition ) .Itremains tobeseenwhethersuchanunusualapproachwillwork. Initsrecentcommunicationon “ LatinAmericaandtheEU — AnAssociation ofGlobalPartners ”, theEuropeanCommissiontakesasimilarline.Inaddition , itsuggestsaparticularMechanismforInvestmentinLatinAmerica ( MIAL )— liketheEuropeanNeighbourhoodMechanism , withstartingfundsfromtheEU budget.Itshould privilege cooperationininterconnectivity , infrastructure , socialfieldsandtheenvironment , aswellasfosteringsmallandmediumsized enterprises.Thisisinline withtheoverarchingtopicforthe6th EULAC SummitinMay2010inSpain. ApartfromthisnewapproachtoEUMERCOSURrelations , negotiations andcooperation , norealchancefortrilateralcooperation by either partner outsidetheirregionsisapparent.Thisis , ifatall , possibleonlyinbilateral relations , suchEUBrazil , orwithMexicoorChile.Intheconcreteactionplans agreedwiththem , trilateralcooperationismentioned.Indeed , BrazilandtheEU recentlyconvenedtostudyjointcooperationindevelopingbioelectricityandbio fuelinMozambique ( seealsoEUCouncil2008 ) . 6.犆狅狀犮犾狌狊犻狅狀 IntegrationschemessuchastheAndeanCommunityofNations ( CAN ) or MERCOSUR still seem inadequate for reaching such objectives as the
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