Andean Community of Nations suspends trade negotiations with EU

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Source: Xinhua

www.chinaview.cn 2008-11-11 10:24:50
Special Report: Global Financial Crisis

QUITO, Nov. 10 -- The Andean Community of Nations (CAN) has decided to suspend negotiations on a trade agreement with the European Union (EU), said reports reaching here from Brussels on Monday.

CAN requested to postpone talks with the EU scheduled for Tuesday in Brussels as its members need more time to achieve consensus over the trade deal and reach a common negotiating position, according to reports from the Ecuadorian embassy in Brussels ...

The two foreign ministers will also meet with representatives from the European Commission (EC), the executive body of the EU.

Talks over a trade pact between CAN and the EU stalled in June after the EU agreed to negotiate the accord separately with Colombia and Peru.

Read more: http://news.xinhuanet.com/english/2008-11/11/content_10339878.htm