After 26 years of negotiations marked by numerous setbacks that jeopardized its success, representatives from the Mercosur countries and the European Commission formalized the EU-Mercosur trade agreement during a ceremony held in Asunción, Paraguay, on Saturday. The agreement establishes the largest free-trade area globally, encompassing over 715 million individuals. Regional leaders on both sides of … Read more
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
President Javier Milei engaged in a confrontation with Brazilian President Luiz Inácio Lula da Silva during the regional Mercosur summit regarding the situation in Venezuela, coinciding with US President Donald Trump intensifying pressure on Caracas. Sparring remarks from Lula and Milei emerged during a gathering of the South American bloc, where discussions included a prospective … 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 regional trade bloc and Canada are set to resume negotiations regarding a free-trade agreement, as confirmed by Brazil on Monday, amid escalating tensions surrounding US tariffs that have unsettled global commerce. Brasília, currently presiding over Mercosur, has announced that chief negotiators from Canada and the bloc, which includes Argentina, Brazil, Bolivia, Paraguay, and … Read more
President Javier Milei on Thursday called on his Mercosur partners to advocate for increased trade openness within the bloc while hosting his fellow leaders of the South American group in Buenos Aires. In a typically forceful opening speech, the La Libertad Avanza leader cautioned that his government would pursue that goal unilaterally if necessary, suggesting … 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