Hello and welcome to bbc news. The European Union and the south American Economic bloc, mercosur have agreed a huge free trade deal after two decades of talks. The agreement with argentina, brazil, paraguay and uruguay creates a market for goods and Services Covering almost eight hundred million people. Heres our south America Business correspondent, daniel gallas. All attention is about trade tensions between china and the United States, the news of brexit being negotiated, so were seeing politicians saying that the best way to create jobs is to lower tariffs and reduce protectionism. Its not a view that everyone shares in south america and europe, and politicians will still have the trouble to make their point at home with their member states, but it is quite significant that a deal that has been negotiated for over 20 years has been struck at this moment. What you think the biggest benefits will be that people in south america will see out of all of this . Well, the people of south
Hello and welcome. Theres anticipation building as President Trump and chinas xijinping are meeting at the 620 summit injapan. The two countries are of course currently locked in a bitter trade war which is threatening to escalate. All eyes are on whether this meeting can break the deadlock or at least offer Global Markets some relief. Ourjapan correspondent, Rupert Wingfield hayes is at the summit in osaka. Are we expecting any sort of resolution to come out of this meeting . I dont think we will see a complete resolution to the trade dispute, this is too short a meeting with too many issues at stake for a short face to face between the two leaders to make that sort of breakthrough. However the mood music going into this meeting is positive, we saw the two lea d e rs this meeting is positive, we saw the two leaders shake hands quarterly, President Trump as he met with President Trump as he met with president xi said that he had a close relationship, that had slipped recently but was g
Hello and welcome. President trump and chinas xi jinping are in a highly anticipated meeting at the 620 summit injapan to discuss the bitter trade war between the two countries. The chinese president has appealed to the us president for dialogue rather than confrontation. All eyes are on whether this meeting can break the deadlock or make some progress towards a truce. Ourjapan correspondent, Rupert Wingfield hayes is at the summit in osaka. What can we expect to come out of this meeting . Here in osaka the meeting between xi jinping and china and donald trump, president of the United States is still going on, it is the meeting eve ryo ne still going on, it is the meeting everyone is watching to see whether the trade or between these two economic giants can at least be put on hold and some sort of truth be called so they can get back to negotiations. Going into that meeting just before lunchtime, both leaders well, i would say, upbeat, the mood was positive. Resident trump saying it wo
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