EU-MERCOSUR interregionalism: Facing Up to the South American Crisis and the Free Trade Area of the Americas

Santander, Sébastian

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EU-MERCOSUR interregionalism: Facing Up to the South American Crisis and the Free Trade Area of the Americas

Santander, Sébastian

2002 • In European Foreign Affairs Review, 7, p. 491-505

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Keywords :

Regionalism interregionalism; European Union Mercosur; Free Trade Area of the Americas

Abstract :

[en] As part of their plans to diversify and globalize their foreign relations, the EU and MERCOSUR have been working to establish closer links. They have a project to create an interregional Association based on political dialogue, cooperation and trade issues. To understand the evolution of this interregional relationship, it is also important to take into account the USAs’ project, which seeks to create a hemispheric market for 2005 and in which MERCOSUR is participating. There is competition between Europe and the USA in the Southern Cone. While the EU has often provided support for institution building in MERCOSUR, the latter has frequently been destabilized by US regionalist strategy. The USA has often taken advantage of its special relationship with Argentina. However, the open crises that Argentina has faced since December 2001, and the US attitude towards the crises, appear to have affected the Buenos Aires foreign policy alignment with Washington. What geopolitical consequences could this have for the area? And what is the US position on this development? Has the EU taken advantage of the situation to reinforce its interregional partnership with MERCOSUR and to counteract US influence in the region?

Disciplines :

Political science, public administration & international relations

Author, co-author :

Santander, Sébastian ; Université Libre de Bruxelles - ULB > Institut d'études européennes

Language :

English

Title :

EU-MERCOSUR interregionalism: Facing Up to the South American Crisis and the Free Trade Area of the Americas

Publication date :

December 2002

Journal title :

European Foreign Affairs Review

ISSN :

1384-6299

eISSN :

1875-8223

Publisher :

Aspen Publishers Inc.

Volume :

Pages :

491-505

Peer reviewed :

Peer Reviewed verified by ORBi

Available on ORBi :

since 05 December 2008

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