
Summary: March 12, 2004: Mercosur: Commission approves EUR 4 million to support regional integration (Brussels)
The European Commission has approved a € 4 million project to support the reduction of trade barriers between Mercosur countries (Argentina, Brazil, Paraguay and Uruguay), thus contributing to the economic integration of the bloc. With this project, the European Commission matches its political support to Mercosur regional integration efforts with deeds aimed at stimulating economic and social development in the region. Tearing down barriers to regional trade will also help Mercosur
countries to reap the full benefits of the EU-Mercosur Association Agreement currently being negotiated.
With a view to facilitating the free circulation of products between the Mercosur member countries, and between Mercosur and the European Union, the programme will focus on reducing technical barriers to trade (TBT) which are currently based on national technical rules and conformity assessments and to harmonise standardisation and verification practices in the Mercosur region, in line with European or international rules.
This will allow exporters from Mercosur member countries to certify their products in the country and have better access to the Mercosur region and to international markets. It will also prepare laboratories to perform testing according to European or international technical regulations and standards, which will allow local companies, mainly SMEs, to develop and test products so that they can meet the international technical requirements.
Activities to achieve these objectives will include:
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