This has been a bumper year for Latin American trade, and it is set to get even better. Argentinian Foreign Minister, Jorge Faurie, said he expected an agreement to be signed between Mercosur (the South American trading bloc), and the EU before the end of September. This will put an end to 20 years of negotiations and is only the latest in a string of recent achievements. Apart from this, Mercosur signed an agreement weeks ago with another Latin American trading bloc, the Pacific Alliance, and recently opened official discussions with Canada in pursuit of a free trade agreement.

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