Mercosur trading bloc to sign free trade deal with Israel

December 17, 2007 04:13


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


The Mercosur trading bloc - made up of Argentina, Brazil, Uruguay and Paraguay - will sign a free trade agreement with Israel during its summit this week, Israel's Ambassador to Uruguay, Yoel Barnea, said Sunday. "It's a very broad and complex agreement, with some products getting zero tariffs from the start and others getting it in four years or more," Barnea told reporters, adding that further details about the accord would be disclosed on Tuesday. The agreement was initially supposed to have been signed on Monday, at the start of Mercosur's two-day summit, but was postponed 24 hours to allow for the arrival of Brazilian Foreign Minister Celso Amorim. Presidents Tabare Vazquez of Uruguay, Luiz Inacio Lula da Silva of Brazil, Cristina Kirchner of Argentina, and Nicanor Duarte, of Paraguay are due to attend the summit. Venezuelan President Hugo Chavez will also be present, but not as a full Mercosur member since Venezuela's admission to the trading bloc is still pending approval from Paraguayan and Brazilian lawmakers.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Jisr az-Zarq
April 3, 2014
Residents of Jisr az-Zarqa beckon Israel Trail hikers to enjoy their town