mercosur EU

mercosur UE

EU and Mercosur closer to trade deal that could save more than €4 billion a year in tariffs

BancaMarch | The European Union and the five South American countries that make up Mercosur – Argentina, Brazil, Uruguay, Paraguay and Bolivia – are moving closer on the most sensitive issues and aim to conclude a trade agreement before the end of the year. The agreement would create a market of 780 million people and, according to the European Commission, would save the EU bloc’s companies more than €4 billion…


mercosur

After two decades EU and Mercosur reach agreement on trade

The European Union and Mercosur clinched a huge deal for trade on Friday after 20 years of conversations. According to Brussels, this will consolidate strategic political and economic partnership between the two blocks and create significant opportunities for sustainable growth on both sides. But as soon as the deal was announced, some EU leading agricultural unions spread the message that the agreement was a threat to their activity.