Suche
Mein Konto
EU-Mercosur agreement: Von der Leyen announces imminent agreement!
In Uruguay, Ursula von der Leyen announces the almost completed EU-Mercosur trade agreement, which promises a historic partnership.
EU-Mercosur agreement: Von der Leyen announces imminent agreement!
Negotiations on a comprehensive free trade agreement between the European Union (EU) and the South American confederation Mercosur are nearing completion. EU Commission President Ursula von der Leyen revealed she is on the path to final agreement while traveling to Montevideo, Uruguay. A crucial announcement is expected there on Friday as part of a Mercosur summit. In addition to Uruguay, Brazil, Argentina and Paraguay are also involved in the negotiations oe24 reported.
Ursula von der Leyen describes the upcoming agreement as a historic step for trade. “The finish line for the EU-Mercosur agreement is in sight,” she said via Platform X, calling for a joint effort to overcome the final hurdles. The proposed agreement is described as the largest trade and investment partnership ever created anywhere in the world, covering a shared market of around 700 million people. The possibility of abolishing tariffs and other trade barriers is at the heart of the negotiations, which von der Leyen continues in her statement.
This move towards an agreement could have far-reaching economic consequences for both the EU and Mercosur states, as it opens up access to new markets and could significantly strengthen trade relations. Von der Leyen put it clearly: “Let us work to cross the finish line.” The negotiations, which have increased in intensity over several years, now appear to be entering a decisive phase in terms of the economic integration of these two powerful regions Barron's.