Monday, 23 October, 2017

Merkel Expects Brexit to Proceed as Scheduled After UK Vote

Andrew Cummings | 10 June, 2017, 17:43

Merkel praised Argentina's potential for the development of renewable resources and said Germany could use its experience to help develop them.

Speaking in Mexico, Mrs Merkel told a news conference: "We are ready for the negotiations".

They also include combating climate change, Peña Nieto said.

While Trump has vowed to renegotiate the North American Free Trade Agreement, which includes the US, Canada and Mexico, the European Union hopes to sign off on a new trade deal with Latin America by the end of the year.

Merkel told Macri that she "values very much" Argentina's commitment to the Paris climate treaty, a pointed contrast to her response that Trump's decision was "extremely regrettable".

The German and Argentine leaders also drew a contrast on trade, calling for a negotiated accord between the European Union and Mercosur, the South American free-trade bloc.

Merkel said German agriculture had its own interests, but Germany supported Argentina's push to reach a trade deal with the European Union quickly.

Similar criticisms were leveled at Merkel over the austerity policies she supported in Europe during its financial crisis.

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Last year, Germany ranked as Argentina's fourth-biggest trade partner after Brazil, China and the U.S. Merkel noted that her visit to Argentina comes after Macri helped Argentina end a legal dispute that returned it to worldwide credit markets after almost 15 years.

If that was her goal, Merkel did not obviously embrace it Friday night.

As part of her one-day visit to Buenos Aires, Merkel visited a synagogue to inaugurate a newly restored German organ, met with small and medium-sized business leaders, met with Macri, visited Remembrance Park in honour of the victims of the dictatorship, addressed students and scientists in a town hall-style setting and finally attended a dinner hosted by Macri at the CCK.

Rather, Merkel focused on the importance of the upcoming Group of 20 summit and emphasized the importance of her country's trade relationship with Mexico, which is valued at $18 billion.

Mexico is now in negotiations with the European Union to modernize a free trade agreement they signed 20 years ago. Six have been killed in Mexico so far this year.

"It is important to punish and find the culprits; it is vitally important", Merkel said.

With talks due to start in Brussels on June 19, Mr Tusk said it was their "urgent task" to get on with the negotiations in "the best possible spirit".

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