Uruguayan expert sees the EU-Mercosur agreement close

The ratification of the agreement between the European Union and the Mercosur could happen in the coming days, according to Uruguayan expert Ignacio Munyo, executive director of the study center specialized in public policies CERES.

This was highlighted to the press this Tuesday after the presentation of the study titled: ‘What do you need Uruguay to advance on the path of development? Reflections in the run-up to the electoral year’.

“Mercosur is dynamic. “There is a central aspect that is being played at this time, which is the agreement with the EU.”explained Munyo, who stressed that this will change the future of the bloc made up of Argentina, Brazil, Paraguay and Uruguay.

The expert explained that if the agreement is finalized – something that he believes will happen – a broad agenda of other agreements that Mercosur could seal will be opened and that would be “very important” for your country.

“We are in important, critical hours for the future of Mercosur”Munyo assured the press, while detailing that if the agreement with the EU fails “The possibility of each country having greater independence in the trade agenda will be put back on the table.”

Asked again if he believes the agreement can be ratified this year, he noted that “The conditions are there for it to close.”

On the other hand, Munyo stressed that the future of Uruguay “It depends on Uruguay” and that that country must continue advancing on the path of development.

“Argentina’s uncertainty is dissipating, but there is always a daily doubt about how far the new Government will be able to advance its promises.”said the executive director of CERES, who also pointed out that the price differential “so big” that existed between both nations in recent years could be reduced.

Finally, he spoke about the Uruguayan economy and reviewed that this year had “very low growth”, while pointing out that a recovery is expected next year, although knowing “that there is an international and regional context that is very fragmented, with low growth, which is not going to boost Uruguay as it usually does when it blows in its favor.”

“Uruguay is on a good path, which is slower than it needs to be to advance on the development scale, but which needs to substantially improve the execution of public policies more than the design. How do the services that the State wants to impose or promote reach people?he concluded.