Results of the Third Negotiation Meeting on the CAN – Mercosur Tariff Preferences Agreement

Aide Memoire

Montevideo, September 11, 1998.- The Representatives of the MERCOSUR and of the Andean Community met in Montevideo at the Headquarters of the Administrative Secretariat of the MERCOSUR, on September 9, 10, and 11, of 1998, for the purpose of moving ahead with the negotiation of the Tariff Preferences Agreement, as the first stage toward the celebration of a Free Trade Agreement between the two trade blocs.

The MERCOSUR Delegation was coordinated by the Director General for Integration of the Brazilian Ministry of Foreign Affairs, Ambassador Renato Marques.

The Andean Community Delegation, for its part, was coordinated by Colombian Vice-Minister of Foreign Trade Doctor Angela Orozco.

The two Delegations reaffirmed their commitment to bring the negotiation of the Tariff Preferences Agreement to an end so that it is able to enter into force on October 10, 1998, as stipulated in the Umbrella Agreement for the creation of the Free Trade Zone signed last April 16.

The Andean Community and the MERCOSUR submitted the lists of priority products of both parties to an intense scrutiny in order to move closer together in their positions and to make headway toward the proposed objective. The lists of the other products of interest, which are a part of the universe of lists exchanged by the two groups, will be analyzed at the next meeting.

According to the Aide Memoire of the last meeting, the Andean Community and the MERCOSUR continued to exchange viewpoints on issues connected with the automotive sector.

They also once again carefully reviewed the legislative text of the Partial Scope Agreement to be signed. Both delegations submitted counterproposals for the Annex concerning Dispute Settlement. For the performance of the work, it was deemed advisable to move ahead with the measures to be stipulated in the Complementary Notes to the Agreement.

In concluding, they reaffirmed their commitment to hold the next negotiation meeting in Lima from September 22 to 25.

 

Renato Marquez
Director General for Integration of the Ministry of Foreign Affairs of Brazil
For the MERCOSUR Delegation

Doctor Angela Orozco
Vice-Minister of Foreign Trade of Colombia
For the Delegation of the Andean Community