Among the many items on the agenda for member nations, which include Peru, Bolivia, Colombia, and Ecuador -in addition to 8 associate/observer members, is to begin preliminary negotiations to establish a free trade agreement with the European Union.
A possible commerce promotion agreement with the European Union has been deemed as vitally important by CAN members who are optimistic in breaking ground during preliminary talks.
Additionally, the Peruvian president also confirmed that he will meet with Chilean President Michele Bachelet (Chile is an associate member), although he did not reveal the issues the two leaders would talk about, only saying they will have "a clear dialogue, as usual."
The political relationship between both countries has been touchy as of late as both Chancellors have reiterated they will not back down from their positions in the ongoing maritime border dispute.
The CAN summit is scheduled to end on Thursday, after which Garcia will head back to the Peruvian capital.
|– related articles –|
|Peru’s opposition: Cut economic ties with Chile (by LIP, 12 June, 2007)|
|Peru’s exports to Europe expected to surpass US4 billion (by LIP, 11 June, 2007)|