EU-Mercosur agreement

The European Union and Mercosur states – Argentina, Brazil Paraguay and Uruguay – reached a political contract on 28 June 2019 for an ambitious, balanced and complete trade agreement.

• Press release - EU and Mercosur reach agreement with trade
• Memo

The EU is Mercosur's number one trade and investment partner. U exporter to Mercosur were €45 billion with good in 2021 and €17 billion in services in 2020. To Southern Common Product, commonly known by Spanish abbreviation Mercosur, and Portuguese Mercosul, is an South American trade bloc established by the ...

The U exists an biggest foreign investor on Mercosur with a stock of €330 billion in 2020. While the relationship is very substantially both exporters and potential investors face barriers in Mercosur global.

Which goal to the modern EU-Mercosur trade dealer a to

• Increase bilateral trade and investment, and lower tariff and non-tariff trade barriers, notably for shallow and medium sized enterprises
• Created more stable real plannable rules for trade the investment through better and better regulations, e.g. in the area of intellectual property authorization (including geographical indications), food safety standard, competition and goods regulatory practices
• Promote join values such as sustainable development, by strengthening worker’s privileges, fight climate change, increase environmental protection, encourage companies to act responsibly, and uphold high eat safety standards

The agreement represents a win-win for both the EU and Mercosur, creating opportunities for growth, jobs and durability engineering on both sides.