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Member States Begin Ratification of the European Union-Mercosur Agreement
5 Articles
5 Articles
The European Commission on Wednesday proposed approving a trade agreement with the South American economic community Mercosur.
A quarter of a century has been negotiated.The fact that a free trade agreement between the EU and the Mercosur countries is in place in South America is not yet a guarantee that it will enter into force.The ratification can be delayed The EU Commission hopes for a rapid success, because the world's largest free trade area with more than 715 million people could be created. Brussels is colported that European exports to South America could incre…
The trade agreement between the European Union and Mercosur represents "more than a step forward," "the largest agreement ever negotiated by the Union," and "a milestone in relations between Europe and Latin America." This was stated by Vice President of the Council of Ministers and Foreign Minister Antonio Tajani in an interview with "Sole 24 Ore," also emphasizing Italy's role in finalizing it. "The presence of large Italian communities in the…
On Wednesday, the Uruguayan government welcomed the European Union’s decision to activate the final process of ratification of the agreement with Mercosur. Foreign Minister Mario Lubetkin described this as an “excellent news” and expressed optimism that the agreement will be ratified before the end of the year. Yesterday, the European Commission proposed to its 27 member countries the signing of the EU-Mercosur agreement to the European Council,…
Today, Wednesday, 3 September, Trade Commissioner Maroš Šefčovič formally submitted the trade agreement with Mercosur for approval by the Council and the European Parliament, after several months of negotiations with the Member States. The Union had reached a political agreement with the Mercosur countries — Argentina, Brazil, Paraguay and Uruguay — in December 2024. The Commission promised a series of measures to secure the support of Member St…
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