14:56 GMT +319 July 2018
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    EU to Go Ahead With Mercosur Trade Talks After Brexit Referendum

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    Brexit has not affected the EU trade deal talks with the Mercosur states.

    MOSCOW (Sputnik) — Britain’s EU pullout has not affected the bloc’s trade deal talks with the five Mercosur nations in South America, German Chancellor Angela Merkel said Tuesday.

    "Of course, we are sorry for the result of the UK referendum but the EU of 27 will continue its course. As the German chancellor, I have not changed my stance on EU’s trade talks with Mercosur in light of the British vote," Merkel told reporters.

    The chancellor was speaking at a joint press conference with Argentina's visiting President Mauricio Macri in Berlin. Argentina is a member of the subregional bloc, alongside Brazil, Paraguay, Uruguay and Venezuela.

    The European Union has been in talks with the five nations since 2010 to try and clinch a biregional association agreement, but the agricultural issue remains a major hurdle, Merkel admitted Tuesday.

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    European Union, trade deal, Brexit, Mercosur, Angela Merkel, United Kingdom
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