The European Union and the Cono Sur Embark on the Process of Reconciliation

Abstract

The intention of this study is to mark out a panorama of the evolution of ties between the European Union (EU) and the so-called Cono Sur, (Argentina, Uruguay and Chile) emphasising those factors which have discouraged the development of full relations in the economic sphere and those others which have favoured a new phase ofreciprocal understanding.The study is made up of four clearly defined parts covering the misunderstandings which have characterised economic relations; the reformulation of European cooperation towards the Cono Sur countries; the participation of the Cono Sur in bi-regional dialogue and, more importantly, the rationalization of EU-Cono Sur relations as a result of the creation of the MERCOSUR. Towards the end of the study the possibilities of a greater interregional copenetration in the light of the evolution of the current international system are analysed.