Banca March| The European Union and Mercosur – Argentina, Brazil, Paraguay and Uruguay – reached a free trade agreement in 2019 but it has since not been ratified owing to unresolved differences between the parties. Now the Mercosur members, who are meeting in Argentina, want to close the agreement “once and for all”, although they also warn that it will not be at any price. On the European side, reticence...

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.