On Monday, the Argentine government expressed its commitment to finalizing a trade agreement between Mercosur and the European Union (EU).
This deal, in discussion for thirty years, aims to enhance trade between the two regions.
Argentinian Foreign Minister Diana Mondino spoke about this after meeting a European Parliament delegation in Buenos Aires.
She outlined Argentina’s new government’s foreign policy and its focus on concluding the Mercosur-EU Strategic Association Agreement.
This information came from a statement by the Foreign Ministry. Mondino stressed the importance of such agreements for strengthening Mercosur.
This regional bloc includes Argentina, Brazil, Paraguay, and Uruguay. The visiting delegation comprised European Parliament members and advisors from diverse backgrounds.
Jordi Cañas, leading the delegation, emphasized the long-term objectives of the Mercosur-EU agreement.
Argentina Pushes for Mercosur-EU Trade Deal
He highlighted the need for an EU partnership with Mercosur. Cañas stated that creating a framework for mutual progress is timely.
In 2019, the two blocs reached an initial agreement. However, ratification by 31 countries is pending, facing resistance in some parliaments.
This deal represents a significant step in global trade relations, marking a new era of cooperation between South America and Europe.
For the full picture, see our Mercosur EU Trade Deal: Complete Guide.
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