The comprehensive trade agreement forged between the European Union and the South American bloc Mercosur is set to be formalized on January 17 in Paraguay, as announced by Argentina’s Foreign Minister Pablo Quirno on Friday. “We will sign… the most ambitious agreement between our two blocs on January 17 in Paraguay,” Quirno stated, describing it … Read more
The Mercosur-EU trade agreement is on the verge of realization after more than 25 years of negotiations, having received the endorsement of a majority of European Union member states. The agreement, set to be finalized on Monday and subsequently requiring approval from the European Parliament to take effect, is poised to play a crucial role … Read more
On Friday, representatives of the European Union’s member states convened in Brussels and cast their votes in favor of a free trade agreement with the Mercosur bloc, which comprises Argentina, Brazil, Paraguay, and Uruguay. A significant number of the EU’s 27 member states approved the agreement following 26 years of negotiations. This sets the stage … Read more
The European Union on Monday expressed optimism about finalizing a long-stalled trade agreement with the South American bloc Mercosur “soon,” indicating advancements toward endorsement by the member states of the bloc. Diplomats have indicated that the EU is targeting a signature on January 12, following the disappointment of December’s anticipated agreement, which was thwarted by … Read more
Reports indicate that the European Union is anticipated to cast its vote in mid-December regarding the extensively negotiated trade agreement with Mercosur, the South American bloc that includes Argentina. The European Commission, serving as the executive body of the EU, is urging member states to approve the agreement prior to the forthcoming Mercosur summit scheduled … Read more
The Mercosur bloc and the European Free Trade Association (EFTA), which includes Norway, Switzerland, Iceland, and Liechtenstein, have successfully finalized negotiations regarding a free-trade agreement. Foreign Minister Gerardo Werthein confirmed the news in a statement issued on Wednesday as the nation hosted the semi-annual Mercosur summit at the Palacio San Martín in Buenos Aires, stating … Read more
An EU spokeswoman stated on Monday that the European Commission is set to present EU states with the final legal version of a trade deal with South American nations “in the coming days.” After twenty-five years of negotiations, Brussels finalized an agreement with Mercosur bloc members Argentina, Brazil, Paraguay, and Uruguay in December of the … Read more
The European Union is optimistic that the tariffs imposed by former President Trump may provide the necessary impetus to finalize the Mercosur trade agreement. The potential for a transatlantic trade war is igniting optimism in Europe, as prospects rise for a commerce agreement with four South American nations to receive final approval, overcoming persistent resistance from … Read more
Trump ignites a trade conflict by imposing significant tariffs, including a 10% levy on Argentina. US President Donald Trump has initiated a significant global trade conflict as he imposed a 10-percent tariff on imports from various countries, alongside imposing stringent additional levies on major trading partners. In a significant announcement from the White House Rose Garden, … Read more