IBOV 177,650 ▲ 0.17% IPSA 10,600 ▲ 2.40% IPC MEX 68,384 ▼ 0.74% MERVAL 2,877,439 ▲ 3.19% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.00 ▼ 0.06% USD/MXN 17.31 ▲ 0.04% USD/CLP 899.00 ▲ 0.07% USD/COP 3,682 ▼ 1.16% USD/PEN 3.41 ▼ 0.06% USD/ARS 1,390 ▼ 0.55% USD/UYU 40.02 ▲ 0.53% USD/PYG 6,151 ▲ 2.28% USD/BOB 6.86 ▲ 1.79% USD/DOP 58.79 ▲ 0.32% USD/CRC 449.53 ▲ 2.06% USD/GTQ 7.62 ▲ 2.26% USD/HNL 26.61 ▲ 1.69% USD/NIO 36.62 ▲ 0.26% USD/VES 525.55 ▲ 0.48% USD/PAB 1.00 ▲ 2.17% USD/BZD 2.00 ▲ 1.60% USD/JMD 156.99 ▲ 0.18% USD/TTD 6.73 ▲ 1.16% EUR/BRL 5.81 ▼ 0.27% BRENT 105.37 ▲ 2.72% WTI 98.47 ▲ 2.20% IRON ORE 161.91 — — COPPER 6.38 ▲ 2.03% GOLD 4,525 ▼ 0.32% SILVER 76.37 ▼ 0.06% SOY 1,199 ▲ 0.40% CORN 464.50 ▲ 0.49% WHEAT 649.25 ▲ 0.27% COFFEE 264.55 ▼ 1.40% SUGAR 14.85 ▼ 0.34% ORANGE JUICE 166.90 ▲ 6.34% COTTON 78.69 ▲ 0.91% COCOA 3,814 ▼ 1.93% BEEF 240.15 ▼ 5.18% CATTLE 356.53 ▼ 3.83% LITHIUM 84.38 ▲ 1.07% PETR4 44.95 ▲ 0.78% VALE3 82.63 ▲ 0.77% ITUB4 40.12 ▲ 1.13% BBDC4 17.90 ▲ 0.22% ABEV3 16.40 ▲ 1.11% BBAS3 20.82 ▲ 0.58% B3SA3 17.02 ▲ 1.37% WEGE3 42.47 ▼ 0.26% PRIO3 68.00 ▼ 0.92% SUZB3 42.26 ▲ 0.14% RENT3 44.04 ▼ 0.97% AZZA3 19.95 ▲ 1.79% CSAN3 4.40 ▲ 1.85% RAIZ4 0.39 ▼ 7.14% PCAR3 2.11 ▼ 2.77% GMAT3 4.43 ▲ 0.23% PSSA3 49.46 ▲ 0.49% CVCB3 1.78 ▼ 1.11% POSI3 4.09 ▼ 1.92% SLCE3 16.50 ▼ 0.12% NATU3 10.20 ▲ 2.00% BRKM5 12.03 ▼ 1.23% RANI3 8.06 ▲ 1.26% CSNA3 6.34 ▲ 3.43% CMIN3 4.43 ▼ 1.56% USIM5 9.80 ▲ 1.98% GGBR4 23.50 ▲ 0.13% ENEV3 25.52 ▲ 1.23% NEOE3 33.80 — 0.00% CPFE3 43.70 ▼ 1.51% CMIG4 11.36 ▼ 1.47% EQTL3 38.14 ▼ 1.06% LREN3 14.85 ▲ 1.02% VIVT3 35.29 ▼ 0.31% RAIL3 14.67 ▼ 2.33% KLABIN 16.51 ▼ 0.06% RAIA DROGASIL 18.65 ▼ 2.51% RDOR3 34.59 ▼ 1.14% HAPV3 12.34 ▼ 7.01% FLRY3 15.69 ▼ 0.70% SMTO3 17.64 ▼ 2.38% UGPA3 29.15 ▲ 0.45% VBBR3 33.41 ▲ 0.21% BBSE3 34.74 ▲ 0.09% BPAC11 54.37 ▲ 0.31% CURY3 31.20 ▼ 0.32% AERI3 2.28 — 0.00% VIVARA 22.32 ▼ 1.50% COMPASS 27.01 ▲ 1.35% VAMOS 3.37 ▼ 1.17% SANB11 27.59 ▲ 0.51% ASAI3 8.48 ▼ 1.51% SBSP3 28.62 ▼ 1.82% WALMEX 55.16 ▼ 0.88% GMEXICO 203.15 ▲ 0.00% FEMSA 210.09 ▲ 0.33% CEMEX 21.72 ▼ 0.69% GFNORTE 186.81 ▼ 1.09% BIMBO 58.04 ▼ 2.88% TELEVISA 9.68 ▼ 1.33% AMX 22.82 ▼ 1.30% GAP 420.74 ▼ 2.86% ASUR 308.72 ▼ 0.57% OMA 225.94 ▼ 0.43% KOF 185.08 ▲ 0.43% GRUMA 294.49 ▲ 0.08% KIMBER 38.08 ▼ 1.68% SQM-B 72,900 ▼ 0.40% COPEC 6,425 ▲ 0.39% BSANTANDER 70.10 ▲ 2.71% FALABELLA 5,600 ▲ 2.85% ENELAM 76.20 ▲ 0.26% CENCOSUD 2,180 ▲ 5.24% CMPC 1,095 ▲ 2.82% BANCO CHILE 171.90 ▲ 3.24% LATAM AIR 22.57 ▲ 7.22% YPF 70,850 ▲ 1.50% GGAL 6,505 ▲ 4.33% PAMPA 4,838 ▲ 1.79% TXAR 635.00 ▲ 2.67% ALUAR 929.00 ▲ 1.53% TGS 8,825 ▲ 3.64% CEPU 2,150 ▲ 3.66% MIRGOR 16,275 ▲ 0.31% COME 44.94 ▲ 1.90% LOMA NEGRA 3,350 ▲ 4.44% BYMA 276.50 ▼ 0.54% TELECOM ARG 3,530 ▲ 1.15% ECOPETROL 13.86 ▲ 1.02% BANCOLOMBIA 66.32 ▲ 1.19% GRUPO AVAL 4.26 ▲ 0.71% CREDICORP 344.00 ▲ 3.22% SOUTHERN COPPER 179.12 ▲ 2.89% BUENAVENTURA 33.66 ▼ 0.68% MERCADOLIBRE 1,678 ▲ 1.62% NUBANK 13.16 ▲ 2.89% XP 17.92 ▲ 1.30% PAGSEGURO 9.32 — 0.00% STONE 11.10 ▲ 0.45% GLOBANT 40.63 ▼ 2.78% TECNOGLASS 41.20 ▲ 0.78% GAP AIRPORT 244.11 ▼ 2.68% ASUR 308.72 ▼ 0.57% OMA AIRPORT 104.65 ▼ 0.46% AMX ADR 26.33 ▼ 1.31% FEMSA ADR 121.40 ▼ 0.12% CEMEX ADR 12.58 ▼ 0.71% PETROBRAS ADR 20.03 ▲ 1.01% VALE ADR 16.47 ▲ 0.73% ITAU ADR 8.01 ▲ 0.82% SANTANDER BR 5.56 ▲ 0.54% AMBEV ADR 3.27 ▲ 1.24% CSN 1.28 ▲ 2.40% GERDAU 4.70 ▲ 0.21% LATAM ADR 50.94 ▲ 1.13% BTC 77,422 ▼ 0.15% ETH 2,130 ▼ 0.08% SOL 87.37 ▲ 0.25% XRP 1.37 ▼ 0.48% BNB 659.45 ▲ 0.32% ADA 0.25 ▲ 0.66% DOGE 0.11 ▲ 0.29% AVAX 9.53 ▲ 0.94% LINK 9.82 ▲ 0.83% DOT 1.33 ▲ 3.20% LTC 54.47 ▲ 0.63% BCH 380.31 ▼ 0.06% TRX 0.36 ▼ 0.25% XLM 0.15 ▲ 0.44% HBAR 0.09 ▲ 0.19% NEAR 2.27 ▲ 18.17% ATOM 2.13 ▲ 3.72% AAVE 88.20 ▲ 0.24% SELIC 14.50% EMBRAER 70.81 ▲ 0.61% EMBRAER ADR 56.52 ▲ 0.07% JBS 13.28 ▲ 2.95% JBS BDR 65.95 ▲ 2.93% MBRF3 17.30 ▼ 2.09% MBRFY 3.33 ▼ 6.46% INTER 6.40 ▲ 3.56% EGX 52,091 ▲ 0.30% USD/ZAR 16.47 ▲ 0.14% USD/NGN 1,369 — 0.00% NIKKEI 63,339 ▲ 2.68% CSI300 4,845 ▲ 1.30% HSI 25,606 ▲ 0.86% NIFTY 23,791 ▲ 0.58% KOSPI 7,848 ▲ 0.41% JCI 6,092 ▼ 0.06% USD/JPY 159.08 ▲ 0.08% USD/CNY 6.7942 ▼ 0.11% DAX 24,749 ▲ 0.58% CAC 8,113 ▲ 0.34% FTSE 10,485 ▲ 0.40% MIB 49,412 ▲ 0.50% IBEX 18,028 ▲ 0.29% STOXX 623.81 ▲ 0.52% EUR/USD 1.1614 ▼ 0.09% GBP/USD 1.3433 ▲ 0.02% SPX 7,446 ▲ 0.17% DJI 50,286 ▲ 0.55% NDX 29,357 ▲ 0.20% RUT 2,843 ▲ 0.93% TSX 34,409 ▲ 0.72% VIX 16.76 — 0.00% USD/CAD 1.3785 ▲ 0.09% US10Y 4.5860 ▲ 0.31% IBOV 177,650 ▲ 0.17% IPSA 10,600 ▲ 2.40% IPC MEX 68,384 ▼ 0.74% MERVAL 2,877,439 ▲ 3.19% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.00 ▼ 0.06% USD/MXN 17.31 ▲ 0.04% USD/CLP 899.00 ▲ 0.07% USD/COP 3,682 ▼ 1.16% USD/PEN 3.41 ▼ 0.06% USD/ARS 1,390 ▼ 0.55% USD/UYU 40.02 ▲ 0.53% USD/PYG 6,151 ▲ 2.28% USD/BOB 6.86 ▲ 1.79% USD/DOP 58.79 ▲ 0.32% USD/CRC 449.53 ▲ 2.06% USD/GTQ 7.62 ▲ 2.26% USD/HNL 26.61 ▲ 1.69% USD/NIO 36.62 ▲ 0.26% USD/VES 525.55 ▲ 0.48% USD/PAB 1.00 ▲ 2.17% USD/BZD 2.00 ▲ 1.60% USD/JMD 156.99 ▲ 0.18% USD/TTD 6.73 ▲ 1.16% EUR/BRL 5.81 ▼ 0.27% BRENT 105.37 ▲ 2.72% WTI 98.47 ▲ 2.20% IRON ORE 161.91 — — COPPER 6.38 ▲ 2.03% GOLD 4,525 ▼ 0.32% SILVER 76.37 ▼ 0.06% SOY 1,199 ▲ 0.40% CORN 464.50 ▲ 0.49% WHEAT 649.25 ▲ 0.27% COFFEE 264.55 ▼ 1.40% SUGAR 14.85 ▼ 0.34% ORANGE JUICE 166.90 ▲ 6.34% COTTON 78.69 ▲ 0.91% COCOA 3,814 ▼ 1.93% BEEF 240.15 ▼ 5.18% CATTLE 356.53 ▼ 3.83% LITHIUM 84.38 ▲ 1.07% PETR4 44.95 ▲ 0.78% VALE3 82.63 ▲ 0.77% ITUB4 40.12 ▲ 1.13% BBDC4 17.90 ▲ 0.22% ABEV3 16.40 ▲ 1.11% BBAS3 20.82 ▲ 0.58% B3SA3 17.02 ▲ 1.37% WEGE3 42.47 ▼ 0.26% PRIO3 68.00 ▼ 0.92% SUZB3 42.26 ▲ 0.14% RENT3 44.04 ▼ 0.97% AZZA3 19.95 ▲ 1.79% CSAN3 4.40 ▲ 1.85% RAIZ4 0.39 ▼ 7.14% PCAR3 2.11 ▼ 2.77% GMAT3 4.43 ▲ 0.23% PSSA3 49.46 ▲ 0.49% CVCB3 1.78 ▼ 1.11% POSI3 4.09 ▼ 1.92% SLCE3 16.50 ▼ 0.12% NATU3 10.20 ▲ 2.00% BRKM5 12.03 ▼ 1.23% RANI3 8.06 ▲ 1.26% CSNA3 6.34 ▲ 3.43% CMIN3 4.43 ▼ 1.56% USIM5 9.80 ▲ 1.98% GGBR4 23.50 ▲ 0.13% ENEV3 25.52 ▲ 1.23% NEOE3 33.80 — 0.00% CPFE3 43.70 ▼ 1.51% CMIG4 11.36 ▼ 1.47% EQTL3 38.14 ▼ 1.06% LREN3 14.85 ▲ 1.02% VIVT3 35.29 ▼ 0.31% RAIL3 14.67 ▼ 2.33% KLABIN 16.51 ▼ 0.06% RAIA DROGASIL 18.65 ▼ 2.51% RDOR3 34.59 ▼ 1.14% HAPV3 12.34 ▼ 7.01% FLRY3 15.69 ▼ 0.70% SMTO3 17.64 ▼ 2.38% UGPA3 29.15 ▲ 0.45% VBBR3 33.41 ▲ 0.21% BBSE3 34.74 ▲ 0.09% BPAC11 54.37 ▲ 0.31% CURY3 31.20 ▼ 0.32% AERI3 2.28 — 0.00% VIVARA 22.32 ▼ 1.50% COMPASS 27.01 ▲ 1.35% VAMOS 3.37 ▼ 1.17% SANB11 27.59 ▲ 0.51% ASAI3 8.48 ▼ 1.51% SBSP3 28.62 ▼ 1.82% WALMEX 55.16 ▼ 0.88% GMEXICO 203.15 ▲ 0.00% FEMSA 210.09 ▲ 0.33% CEMEX 21.72 ▼ 0.69% GFNORTE 186.81 ▼ 1.09% BIMBO 58.04 ▼ 2.88% TELEVISA 9.68 ▼ 1.33% AMX 22.82 ▼ 1.30% GAP 420.74 ▼ 2.86% ASUR 308.72 ▼ 0.57% OMA 225.94 ▼ 0.43% KOF 185.08 ▲ 0.43% GRUMA 294.49 ▲ 0.08% KIMBER 38.08 ▼ 1.68% SQM-B 72,900 ▼ 0.40% COPEC 6,425 ▲ 0.39% BSANTANDER 70.10 ▲ 2.71% FALABELLA 5,600 ▲ 2.85% ENELAM 76.20 ▲ 0.26% CENCOSUD 2,180 ▲ 5.24% CMPC 1,095 ▲ 2.82% BANCO CHILE 171.90 ▲ 3.24% LATAM AIR 22.57 ▲ 7.22% YPF 70,850 ▲ 1.50% GGAL 6,505 ▲ 4.33% PAMPA 4,838 ▲ 1.79% TXAR 635.00 ▲ 2.67% ALUAR 929.00 ▲ 1.53% TGS 8,825 ▲ 3.64% CEPU 2,150 ▲ 3.66% MIRGOR 16,275 ▲ 0.31% COME 44.94 ▲ 1.90% LOMA NEGRA 3,350 ▲ 4.44% BYMA 276.50 ▼ 0.54% TELECOM ARG 3,530 ▲ 1.15% ECOPETROL 13.86 ▲ 1.02% BANCOLOMBIA 66.32 ▲ 1.19% GRUPO AVAL 4.26 ▲ 0.71% CREDICORP 344.00 ▲ 3.22% SOUTHERN COPPER 179.12 ▲ 2.89% BUENAVENTURA 33.66 ▼ 0.68% MERCADOLIBRE 1,678 ▲ 1.62% NUBANK 13.16 ▲ 2.89% XP 17.92 ▲ 1.30% PAGSEGURO 9.32 — 0.00% STONE 11.10 ▲ 0.45% GLOBANT 40.63 ▼ 2.78% TECNOGLASS 41.20 ▲ 0.78% GAP AIRPORT 244.11 ▼ 2.68% ASUR 308.72 ▼ 0.57% OMA AIRPORT 104.65 ▼ 0.46% AMX ADR 26.33 ▼ 1.31% FEMSA ADR 121.40 ▼ 0.12% CEMEX ADR 12.58 ▼ 0.71% PETROBRAS ADR 20.03 ▲ 1.01% VALE ADR 16.47 ▲ 0.73% ITAU ADR 8.01 ▲ 0.82% SANTANDER BR 5.56 ▲ 0.54% AMBEV ADR 3.27 ▲ 1.24% CSN 1.28 ▲ 2.40% GERDAU 4.70 ▲ 0.21% LATAM ADR 50.94 ▲ 1.13% BTC 77,422 ▼ 0.15% ETH 2,130 ▼ 0.08% SOL 87.37 ▲ 0.25% XRP 1.37 ▼ 0.48% BNB 659.45 ▲ 0.32% ADA 0.25 ▲ 0.66% DOGE 0.11 ▲ 0.29% AVAX 9.53 ▲ 0.94% LINK 9.82 ▲ 0.83% DOT 1.33 ▲ 3.20% LTC 54.47 ▲ 0.63% BCH 380.31 ▼ 0.06% TRX 0.36 ▼ 0.25% XLM 0.15 ▲ 0.44% HBAR 0.09 ▲ 0.19% NEAR 2.27 ▲ 18.17% ATOM 2.13 ▲ 3.72% AAVE 88.20 ▲ 0.24% SELIC 14.50% EMBRAER 70.81 ▲ 0.61% EMBRAER ADR 56.52 ▲ 0.07% JBS 13.28 ▲ 2.95% JBS BDR 65.95 ▲ 2.93% MBRF3 17.30 ▼ 2.09% MBRFY 3.33 ▼ 6.46% INTER 6.40 ▲ 3.56% EGX 52,091 ▲ 0.30% USD/ZAR 16.47 ▲ 0.14% USD/NGN 1,369 — 0.00% NIKKEI 63,339 ▲ 2.68% CSI300 4,845 ▲ 1.30% HSI 25,606 ▲ 0.86% NIFTY 23,791 ▲ 0.58% KOSPI 7,848 ▲ 0.41% JCI 6,092 ▼ 0.06% USD/JPY 159.08 ▲ 0.08% USD/CNY 6.7942 ▼ 0.11% DAX 24,749 ▲ 0.58% CAC 8,113 ▲ 0.34% FTSE 10,485 ▲ 0.40% MIB 49,412 ▲ 0.50% IBEX 18,028 ▲ 0.29% STOXX 623.81 ▲ 0.52% EUR/USD 1.1614 ▼ 0.09% GBP/USD 1.3433 ▲ 0.02% SPX 7,446 ▲ 0.17% DJI 50,286 ▲ 0.55% NDX 29,357 ▲ 0.20% RUT 2,843 ▲ 0.93% TSX 34,409 ▲ 0.72% VIX 16.76 — 0.00% USD/CAD 1.3785 ▲ 0.09% US10Y 4.5860 ▲ 0.31%
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Friday, May 22, 2026

Europe and Russia Mercosur-EU trade deal

Contrasting Stances: Spain and Germany vs. France on EU-Mercosur Trade

By · February 1, 2024 · 2 min read

The EU-Mercosul/Mercosur trade negotiations showcase significant geopolitical and economic dynamics.

Spain’s Prime Minister, Pedro Sánchez, and Germany’s Chancellor, Olaf Scholz, support the deal, contrasting with French President Emmanuel Macron’s opposition.

Macron’s stance reflects domestic concerns over importing cheaper food, impacting France’s agricultural sector.

Spain and Germany see the deal as vital for economic and geopolitical reasons, highlighting the diverse interests within the EU.

Despite France‘s resistance, the European Commission continues negotiating with Mercosul, signaling a commitment to global trade partnerships.

Contrasting Stances: Spain and Germany vs. France on EU-Mercosur Trade
Contrasting Stances: Spain and Germany vs. France on EU-Mercosur Trade. (Photo Internet reproduction)

This deal symbolizes a strategic move by the EU to strengthen ties in South America, countering China’s growing influence in the region.

The EU’s interest in Mercosul is partly a response to China’s investments there, as Europe seeks to assert its presence in a multipolar world.

Globally, these negotiations occur amid rising trade tensions and a shift toward protectionism.

A successful agreement would mark a stance for multilateralism and open markets, opposing the trend of economic nationalism.

Regionally, it could redefine South America’s trade relationships, historically centered around North American and Asian markets.

In addition, this realignment could reshape regional economies and global trade strategies.

Internationally, the EU-Mercosul deal could become a benchmark for future agreements, especially in integrating environmental and agricultural standards.

Its outcome might influence other regions negotiating similar deals, shaping global trade policy.

The negotiations go beyond immediate economic benefits, embodying strategic, geopolitical, and policy considerations.

They represent the complex interplay of commerce, politics, and diplomacy in today’s world.

In short, the EU-Mercosul talks thus hold significant implications for global, regional, and national levels, indicating the nuanced nature of modern trade agreements.

For the full picture, see our Mercosur EU Trade Deal: Complete Guide.

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