mercosur and Europe

mercosur UE

Countdown for Mercosur and EU draws nearer; no resolution in sight in coming weeks

Banca March : The countdown for Mercosur and the EU is approaching. The creation of an export alliance between Mercosur (Argentina, Brazil, Paraguay and Uruguay) and the EU has been dragging on for more than two decades and could be settled without a resolution in the coming weeks. An agreement was reached in June 2019 but was not signed as a result of European requests to the South American countries…


mercosur

Mercosur gives EU ultimatum to ratify pact between the two economic blocs

Banca March| In line with international trade, the South American countries are pushing to speed up the signing of a treaty that has been dragging on for twenty years of negotiations and four years of delay since the 2019 agreement was made. The justification for the wait is due to the environmental commitments that European countries are demanding from South American countries. If the signing does not take place on…


mercosur

European Union in favour of closing Mercosur agreement by end of year

BancaMarch: The European Union is in favour of concluding the agreement with Mercosur before the end of the year. The President of the European Commission, Ursula von der Leyen, defended on Monday before the President of Brazil, Luiz Inácio Lula da Silva, the need to close the trade agreement between the European Union and Mercosur before the end of the year. Doing so would thus conclude a pact that has…


mercosur

30 Years of Mercosur – Europe Becoming Less Important for South America

Andreas Baur, Lisandra Flach and Feodora Teti (Ifo Institute ) | Mercosur, one of Latin America’s most ambitious economic and political integration projects, celebrates its thirtieth anniversary on March 26, 2021. The fact that the member countries Argentina, Brazil, Paraguay and Uruguay have little reason to celebrate is not only due to the Corona pandemic. The disappointment about the slow progress with respect to integration is widespread among members, and the future of Mercosur seems more unclear than ever.