Is FTAA making progress? Has Mercosur finally decided it is time to grow?

Mercosur, NAFTA, and CAFTA are fine as far as they go but none go far enough. GATS is incomplete and the Andes Pact faces insurmountable obstacles between Argentina and Chile. NAFTA and CAFTA are incomplete as is Mercosur. For example NAFTA will not work to its best in the U.S. so long as the border is insecure. For Mercosur to be entirely successful Uruguay must demonopolize. Jorge Batlle had the right idea, demonopolizing(privatization) at a gradual rate is necessary in order for his country to have a healthy ecomomy. I hope Tabare Vazquez doesn't lean too much towards the European Economic Union just to avoid the U.S. because the EEU has already proven to be a dismal failure. The unempolyment rate is ridiculous with some 10% of European children living in households with both parents on the dole.
Before FTAA is established we'll have to de-regulate foreign investment and establish a solid MAI(Mulitlateral Agreemment on Investment) but both are doable, and could possibly be in effect, but for the lack of an agreement of a meeting in the first place. Let's get started already!