The process has led to a rapid increase in regional trade agreements all over the world as is the Southern Common Market or MERCOSUR. The numbers have increased sharply over the last few years and there have been as many as 33 new arrangements that started between 1990 and 1994. The beginning of these arrangements has led to a lot of arguments between economists, political parties and special interes

This is due to the high cost of cultivable land within Europe and this makes the European Union provide subsidies, import quotas and tariffs so that agriculture can be kept alive in that area. Till now these policies have kept MERCOSUR products out of the market in that area, as there has been no reduction on the tariffs that were required to enter that market, or also increasing of any quotas by them. Still the new processes of negotiations have led to some important concessions so that the process of imports can be made easier. The farm subsidies in Europe have been reduced through the European Common Agricultural Policy of 2003, and there have been increase in import quotas as also a lowering of tariffs. This process is making MERCOSUR more confident. An important meeting was held on May 28th, 2004 between the two groups at Guadalajara in Mexico for the progress of negotiations.

One can never grasp a developmental assistance policy without fully understanding the relationships between the players within the two countries. The present situation in Latin America is a situation where the region is slowly moving into democracy and this is expected to be the basis for further development. In the present process of development, the civil society, private sector, universities, and cultural organizations are all expected partners. They are all expected to be partners in the process of development. This is also a change for the region and the first reason for that is the difficulty of governing of the area is a challenge not only to politicians in that area, but also to the entire societies in the area. This is the reason why there is increasing help being given to democracy and development in that area through non governmental organizations. The second point is that in both Latin America and Europe, people are demanding a more active role in public life. (Freres, 1998) Ultimately all human beings are equal, wherever they may be originating from.

The same policy has also led to increased growth in agricultural imports from non-MERCOSUR countries. Thus overall the policy has created more opportunities for agricultural trade, though many of the countries here are themselves major exporters of agricultural products. It is also clear that trade was increasing among MERCOSUR countries was increasing even before the agreement took place. On the other hand in blocks like the European Union there has been a decline in agricultural trade. This can be held to be the responsibility of the grou

Some common words found in the essay are:
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Approximate Word count = 1685
Approximate Pages = 7 (250 words per page double spaced)