At this stage the object would be to encourage liberalisation of regional trade firstly by consolidating the Latin American integration agreements and secondly by encompassing the Union and all the Latin American countries and regional groupings within the partnership; by 2010, common rules to be observed by both the EU and LA as a whole should be laid down to guarantee the free movement of goods, services, and capital, thereby establishing as wide a free trade area as possible; and decisive headway should be made as regards the social cohesion objectives .
At this stage the object would be to encourage liberalisation of regional trade firstly by consolidating the Latin American integration agreements and secondly by encompassing the Union and all the Latin American countries and regional groupings within the partnership; by 2010, common rules to be observed by both the EU and LA as a whole should be laid down to guarantee the free movement of goods, services, and capital, thereby establishing as wide a free trade area as possible; and decisive headway should be made as regards the social cohesion objectives .