IBOV 175,195 ▼ 1.38% IPSA 10,571 ▼ 0.27% IPC MEX 68,130 ▼ 0.37% MERVAL 2,858,267 ▼ 0.67% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.02 ▲ 0.40% USD/MXN 17.33 ▲ 0.12% USD/CLP 901.20 ▲ 0.27% USD/COP 3,663 ▼ 1.66% USD/PEN 3.42 ▲ 0.28% USD/ARS 1,392 ▲ 0.16% USD/UYU 39.92 ▲ 0.28% USD/PYG 6,064 ▲ 0.21% USD/BOB 6.85 ▲ 1.64% USD/DOP 58.86 ▲ 0.44% USD/CRC 451.95 ▲ 2.72% USD/GTQ 7.62 ▲ 2.25% USD/HNL 26.61 ▲ 0.32% USD/NIO 36.62 ▲ 0.26% USD/VES 525.55 ▲ 0.48% USD/PAB 1.00 ▲ 2.17% USD/BZD 2.00 ▲ 1.61% USD/JMD 156.69 ▼ 0.01% USD/TTD 6.71 ▲ 0.87% EUR/BRL 5.83 ▲ 0.10% BRENT 104.17 ▲ 1.55% WTI 97.81 ▲ 1.52% IRON ORE 161.91 — — COPPER 6.37 ▲ 1.73% GOLD 4,515 ▼ 0.55% SILVER 76.06 ▼ 0.46% SOY 1,197 ▲ 0.23% CORN 464.50 ▲ 0.49% WHEAT 646.75 ▼ 0.12% COFFEE 273.50 ▲ 0.04% SUGAR 14.68 ▼ 1.48% ORANGE JUICE 173.35 ▲ 4.05% COTTON 78.25 ▲ 0.35% COCOA 3,801 ▲ 0.90% BEEF 239.30 ▼ 3.95% CATTLE 348.13 ▼ 5.69% LITHIUM 85.31 ▲ 1.10% PETR4 44.19 ▼ 1.69% VALE3 82.53 ▼ 0.12% ITUB4 39.33 ▼ 1.97% BBDC4 17.63 ▼ 1.51% ABEV3 16.13 ▼ 1.65% BBAS3 20.65 ▼ 0.82% B3SA3 16.62 ▼ 2.35% WEGE3 42.88 ▲ 0.97% PRIO3 68.24 ▲ 0.35% SUZB3 41.72 ▼ 1.28% RENT3 42.97 ▼ 2.43% AZZA3 20.62 ▲ 3.36% CSAN3 4.26 ▼ 3.18% RAIZ4 0.40 ▲ 2.56% PCAR3 2.06 ▼ 2.37% GMAT3 4.35 ▼ 1.81% PSSA3 48.72 ▼ 1.50% CVCB3 1.72 ▼ 3.37% POSI3 4.04 ▼ 1.22% SLCE3 16.15 ▼ 2.12% NATU3 10.06 ▼ 1.37% BRKM5 11.98 ▼ 0.42% RANI3 7.97 ▼ 1.12% CSNA3 6.39 ▲ 0.79% CMIN3 4.38 ▼ 1.13% USIM5 10.14 ▲ 3.47% GGBR4 23.60 ▲ 0.43% ENEV3 25.08 ▼ 1.72% NEOE3 33.80 — 0.00% CPFE3 43.22 ▼ 1.10% CMIG4 11.17 ▼ 1.67% EQTL3 37.17 ▼ 2.54% LREN3 14.87 ▲ 0.13% VIVT3 34.44 ▼ 2.41% RAIL3 14.38 ▼ 1.98% KLABIN 16.33 ▼ 1.09% RAIA DROGASIL 18.20 ▼ 2.41% RDOR3 33.77 ▼ 2.37% HAPV3 11.87 ▼ 3.81% FLRY3 15.46 ▼ 1.47% SMTO3 17.38 ▼ 1.47% UGPA3 28.79 ▼ 1.24% VBBR3 32.45 ▼ 2.87% BBSE3 34.31 ▼ 1.24% BPAC11 53.32 ▼ 1.93% CURY3 30.41 ▼ 2.53% AERI3 2.36 ▲ 3.51% VIVARA 22.00 ▼ 1.43% COMPASS 26.81 ▼ 0.74% VAMOS 3.27 ▼ 2.97% SANB11 27.07 ▼ 1.88% ASAI3 8.41 ▼ 0.83% SBSP3 28.17 ▼ 1.57% WALMEX 55.45 ▲ 0.29% GMEXICO 204.83 ▲ 0.89% FEMSA 209.31 ▼ 0.51% CEMEX 21.69 ▼ 0.32% GFNORTE 188.22 ▲ 0.69% BIMBO 58.10 ▲ 0.26% TELEVISA 9.67 ▼ 0.10% AMX 22.49 ▼ 1.36% GAP 413.67 ▼ 1.57% ASUR 301.37 ▼ 2.38% OMA 220.28 ▼ 2.37% KOF 185.46 ▼ 0.27% GRUMA 293.75 ▲ 0.04% KIMBER 38.00 ▼ 0.31% SQM-B 71,613 ▼ 1.77% COPEC 6,356 ▼ 1.07% BSANTANDER 70.49 ▲ 0.56% FALABELLA 5,600 — 0.00% ENELAM 76.39 ▲ 0.25% CENCOSUD 2,145 ▼ 1.62% CMPC 1,092 ▼ 0.27% BANCO CHILE 169.50 ▼ 1.40% LATAM AIR 22.65 ▲ 0.35% YPF 70,900 ▲ 1.58% GGAL 6,505 ▲ 4.33% PAMPA 4,838 ▲ 1.79% TXAR 635.50 ▲ 2.75% ALUAR 929.00 ▲ 1.53% TGS 8,825 ▲ 3.64% CEPU 2,142 — 0.00% MIRGOR 16,275 ▲ 0.31% COME 44.94 ▲ 1.90% LOMA NEGRA 3,350 ▲ 4.44% BYMA 278.00 — 0.00% TELECOM ARG 3,545 ▲ 1.58% ECOPETROL 13.78 ▼ 0.58% BANCOLOMBIA 65.78 ▼ 0.82% GRUPO AVAL 4.21 ▼ 1.10% CREDICORP 337.95 ▼ 1.76% SOUTHERN COPPER 178.85 ▼ 0.15% BUENAVENTURA 33.67 ▼ 0.12% MERCADOLIBRE 1,659 ▼ 1.14% NUBANK 12.86 ▼ 2.32% XP 17.12 ▼ 4.46% PAGSEGURO 9.09 ▼ 2.47% STONE 10.96 ▼ 1.26% GLOBANT 39.25 ▼ 3.40% TECNOGLASS 40.67 ▼ 1.29% GAP AIRPORT 238.01 ▼ 2.50% ASUR 301.37 ▼ 2.38% OMA AIRPORT 101.84 ▼ 2.69% AMX ADR 25.93 ▼ 1.52% FEMSA ADR 120.95 ▼ 0.37% CEMEX ADR 12.57 ▼ 0.16% PETROBRAS ADR 19.74 ▼ 1.47% VALE ADR 16.39 ▼ 0.52% ITAU ADR 7.80 ▼ 2.50% SANTANDER BR 5.42 ▼ 2.61% AMBEV ADR 3.20 ▼ 2.29% CSN 1.30 ▲ 1.17% GERDAU 4.68 ▼ 0.43% LATAM ADR 50.15 ▼ 1.56% BTC 76,831 ▼ 0.91% ETH 2,120 ▼ 0.51% SOL 86.85 ▼ 0.35% XRP 1.36 ▼ 1.24% BNB 658.89 ▲ 0.23% ADA 0.25 ▼ 0.10% DOGE 0.11 ▲ 0.65% AVAX 9.45 ▲ 0.09% LINK 9.82 ▲ 0.79% DOT 1.32 ▲ 2.35% LTC 53.98 ▼ 0.28% BCH 380.01 ▼ 0.14% TRX 0.36 ▼ 0.88% XLM 0.15 ▲ 0.63% HBAR 0.09 ▼ 0.31% NEAR 2.25 ▲ 16.87% ATOM 2.14 ▲ 4.25% AAVE 88.16 ▲ 0.20% SELIC 14.50% EMBRAER 71.56 ▲ 1.06% EMBRAER ADR 56.94 ▲ 0.74% JBS 13.16 ▼ 0.90% JBS BDR 66.09 ▲ 0.21% MBRF3 16.69 ▼ 3.53% MBRFY 3.38 ▲ 1.50% INTER 6.19 ▼ 3.28% IBOV 175,195 ▼ 1.38% IPSA 10,571 ▼ 0.27% IPC MEX 68,130 ▼ 0.37% MERVAL 2,858,267 ▼ 0.67% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 5.02 ▲ 0.40% USD/MXN 17.33 ▲ 0.12% USD/CLP 901.20 ▲ 0.27% USD/COP 3,663 ▼ 1.66% USD/PEN 3.42 ▲ 0.28% USD/ARS 1,392 ▲ 0.16% USD/UYU 39.92 ▲ 0.28% USD/PYG 6,064 ▲ 0.21% USD/BOB 6.85 ▲ 1.64% USD/DOP 58.86 ▲ 0.44% USD/CRC 451.95 ▲ 2.72% USD/GTQ 7.62 ▲ 2.25% USD/HNL 26.61 ▲ 0.32% USD/NIO 36.62 ▲ 0.26% USD/VES 525.55 ▲ 0.48% USD/PAB 1.00 ▲ 2.17% USD/BZD 2.00 ▲ 1.61% USD/JMD 156.69 ▼ 0.01% USD/TTD 6.71 ▲ 0.87% EUR/BRL 5.83 ▲ 0.10% BRENT 104.17 ▲ 1.55% WTI 97.81 ▲ 1.52% IRON ORE 161.91 — — COPPER 6.37 ▲ 1.73% GOLD 4,515 ▼ 0.55% SILVER 76.06 ▼ 0.46% SOY 1,197 ▲ 0.23% CORN 464.50 ▲ 0.49% WHEAT 646.75 ▼ 0.12% COFFEE 273.50 ▲ 0.04% SUGAR 14.68 ▼ 1.48% ORANGE JUICE 173.35 ▲ 4.05% COTTON 78.25 ▲ 0.35% COCOA 3,801 ▲ 0.90% BEEF 239.30 ▼ 3.95% CATTLE 348.13 ▼ 5.69% LITHIUM 85.31 ▲ 1.10% PETR4 44.19 ▼ 1.69% VALE3 82.53 ▼ 0.12% ITUB4 39.33 ▼ 1.97% BBDC4 17.63 ▼ 1.51% ABEV3 16.13 ▼ 1.65% BBAS3 20.65 ▼ 0.82% B3SA3 16.62 ▼ 2.35% WEGE3 42.88 ▲ 0.97% PRIO3 68.24 ▲ 0.35% SUZB3 41.72 ▼ 1.28% RENT3 42.97 ▼ 2.43% AZZA3 20.62 ▲ 3.36% CSAN3 4.26 ▼ 3.18% RAIZ4 0.40 ▲ 2.56% PCAR3 2.06 ▼ 2.37% GMAT3 4.35 ▼ 1.81% PSSA3 48.72 ▼ 1.50% CVCB3 1.72 ▼ 3.37% POSI3 4.04 ▼ 1.22% SLCE3 16.15 ▼ 2.12% NATU3 10.06 ▼ 1.37% BRKM5 11.98 ▼ 0.42% RANI3 7.97 ▼ 1.12% CSNA3 6.39 ▲ 0.79% CMIN3 4.38 ▼ 1.13% USIM5 10.14 ▲ 3.47% GGBR4 23.60 ▲ 0.43% ENEV3 25.08 ▼ 1.72% NEOE3 33.80 — 0.00% CPFE3 43.22 ▼ 1.10% CMIG4 11.17 ▼ 1.67% EQTL3 37.17 ▼ 2.54% LREN3 14.87 ▲ 0.13% VIVT3 34.44 ▼ 2.41% RAIL3 14.38 ▼ 1.98% KLABIN 16.33 ▼ 1.09% RAIA DROGASIL 18.20 ▼ 2.41% RDOR3 33.77 ▼ 2.37% HAPV3 11.87 ▼ 3.81% FLRY3 15.46 ▼ 1.47% SMTO3 17.38 ▼ 1.47% UGPA3 28.79 ▼ 1.24% VBBR3 32.45 ▼ 2.87% BBSE3 34.31 ▼ 1.24% BPAC11 53.32 ▼ 1.93% CURY3 30.41 ▼ 2.53% AERI3 2.36 ▲ 3.51% VIVARA 22.00 ▼ 1.43% COMPASS 26.81 ▼ 0.74% VAMOS 3.27 ▼ 2.97% SANB11 27.07 ▼ 1.88% ASAI3 8.41 ▼ 0.83% SBSP3 28.17 ▼ 1.57% WALMEX 55.45 ▲ 0.29% GMEXICO 204.83 ▲ 0.89% FEMSA 209.31 ▼ 0.51% CEMEX 21.69 ▼ 0.32% GFNORTE 188.22 ▲ 0.69% BIMBO 58.10 ▲ 0.26% TELEVISA 9.67 ▼ 0.10% AMX 22.49 ▼ 1.36% GAP 413.67 ▼ 1.57% ASUR 301.37 ▼ 2.38% OMA 220.28 ▼ 2.37% KOF 185.46 ▼ 0.27% GRUMA 293.75 ▲ 0.04% KIMBER 38.00 ▼ 0.31% SQM-B 71,613 ▼ 1.77% COPEC 6,356 ▼ 1.07% BSANTANDER 70.49 ▲ 0.56% FALABELLA 5,600 — 0.00% ENELAM 76.39 ▲ 0.25% CENCOSUD 2,145 ▼ 1.62% CMPC 1,092 ▼ 0.27% BANCO CHILE 169.50 ▼ 1.40% LATAM AIR 22.65 ▲ 0.35% YPF 70,900 ▲ 1.58% GGAL 6,505 ▲ 4.33% PAMPA 4,838 ▲ 1.79% TXAR 635.50 ▲ 2.75% ALUAR 929.00 ▲ 1.53% TGS 8,825 ▲ 3.64% CEPU 2,142 — 0.00% MIRGOR 16,275 ▲ 0.31% COME 44.94 ▲ 1.90% LOMA NEGRA 3,350 ▲ 4.44% BYMA 278.00 — 0.00% TELECOM ARG 3,545 ▲ 1.58% ECOPETROL 13.78 ▼ 0.58% BANCOLOMBIA 65.78 ▼ 0.82% GRUPO AVAL 4.21 ▼ 1.10% CREDICORP 337.95 ▼ 1.76% SOUTHERN COPPER 178.85 ▼ 0.15% BUENAVENTURA 33.67 ▼ 0.12% MERCADOLIBRE 1,659 ▼ 1.14% NUBANK 12.86 ▼ 2.32% XP 17.12 ▼ 4.46% PAGSEGURO 9.09 ▼ 2.47% STONE 10.96 ▼ 1.26% GLOBANT 39.25 ▼ 3.40% TECNOGLASS 40.67 ▼ 1.29% GAP AIRPORT 238.01 ▼ 2.50% ASUR 301.37 ▼ 2.38% OMA AIRPORT 101.84 ▼ 2.69% AMX ADR 25.93 ▼ 1.52% FEMSA ADR 120.95 ▼ 0.37% CEMEX ADR 12.57 ▼ 0.16% PETROBRAS ADR 19.74 ▼ 1.47% VALE ADR 16.39 ▼ 0.52% ITAU ADR 7.80 ▼ 2.50% SANTANDER BR 5.42 ▼ 2.61% AMBEV ADR 3.20 ▼ 2.29% CSN 1.30 ▲ 1.17% GERDAU 4.68 ▼ 0.43% LATAM ADR 50.15 ▼ 1.56% BTC 76,831 ▼ 0.91% ETH 2,120 ▼ 0.51% SOL 86.85 ▼ 0.35% XRP 1.36 ▼ 1.24% BNB 658.89 ▲ 0.23% ADA 0.25 ▼ 0.10% DOGE 0.11 ▲ 0.65% AVAX 9.45 ▲ 0.09% LINK 9.82 ▲ 0.79% DOT 1.32 ▲ 2.35% LTC 53.98 ▼ 0.28% BCH 380.01 ▼ 0.14% TRX 0.36 ▼ 0.88% XLM 0.15 ▲ 0.63% HBAR 0.09 ▼ 0.31% NEAR 2.25 ▲ 16.87% ATOM 2.14 ▲ 4.25% AAVE 88.16 ▲ 0.20% SELIC 14.50% EMBRAER 71.56 ▲ 1.06% EMBRAER ADR 56.94 ▲ 0.74% JBS 13.16 ▼ 0.90% JBS BDR 66.09 ▲ 0.21% MBRF3 16.69 ▼ 3.53% MBRFY 3.38 ▲ 1.50% INTER 6.19 ▼ 3.28%
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Friday, May 22, 2026

Brazil Europe and Russia

France Seeks Polish Alliance to Challenge EU-Mercosur Trade Deal

By · November 8, 2024 · 2 min read

France has intensified its efforts to block the EU-Mercosur trade agreement. The French government now aims to persuade Poland to join its opposition.

This move comes as the European Commission pushes to finalize the deal by year-end. The agreement would link the EU with Brazil, Argentina, Uruguay, and Paraguay.

France’s main concern stems from the potential impact on its agricultural sector. French farmers worry that cheaper South American products could harm their livelihoods.

The country has long demanded “mirror clauses” to ensure equal production standards. These would apply EU agricultural restrictions to Mercosur competitors.

Poland might prove a valuable ally for France in this matter. The country has previously shown protectionist tendencies towards its farming industry.

France Seeks Polish Alliance to Challenge EU-Mercosur Trade Deal
France Seeks Polish Alliance to Challenge EU-Mercosur Trade Deal. (Photo Internet reproduction)

Last year, Poland banned Ukrainian grain imports, sparking a diplomatic dispute with Kiev. This history suggests Poland might be receptive to France’s overtures.

However, France faces significant hurdles in its quest to block the deal. EU rules require a blocking minority of four member states representing 35% of the EU population.

Germany, which accounts for about 20% of EU citizens, strongly supports the agreement. Italy and Spain also favor the deal, complicating France’s efforts.

The EU-Mercosur Trade Agreement

The German economy stands to gain considerably from the agreement. It would open up Latin American markets to European exports, particularly machinery and automobiles.

This potential benefit explains Germany’s firm backing of the deal. France might find support from other countries with strong agricultural sectors.

Austria, Hungary, and Ireland could potentially align with France’s position. Yet, forming a blocking minority remains a challenging task for the French government.

The European Commission has not ignored French concerns entirely. It is considering a compensation package for affected French farmers. This move aims to address some objections while still advancing the agreement.

The EU-Mercosur deal has been in negotiation for over 25 years. If ratified, it would become one of the largest free trade agreements in history. The pact would remove trade barriers and foster economic cooperation between the two blocs.

The European Commission’s push to finalize the agreement carries political risks. Forcing the deal through could potentially trigger diplomatic tensions.

This is especially true given ongoing budget negotiations in the French parliament. As the situation unfolds, the coming weeks will prove crucial.

France’s ability to gather allies will determine the fate of this landmark agreement. The outcome will significantly impact trade relations between Europe and South America.

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

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