IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL5.08▲ 0.41% USD/MXN17.51▲ 0.66% USD/CLP946.40▲ 1.15% USD/COP3,224▼ 0.09% USD/PEN3.39▼ 0.23% USD/ARS1,488▲ 0.36% USD/UYU40.14▲ 1.16% USD/PYG6,025▲ 1.20% USD/BOB11.03▲ 3.57% USD/DOP57.95▼ 0.09% USD/CRC451.03▲ 2.18% USD/GTQ7.62▲ 2.29% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.48% USD/TTD6.73▲ 1.11% EUR/BRL5.77▼ 0.45% BRENT 86.94 ▼ 7.58% WTI 91.52 ▲ 5.40% IRON ORE 161.91 — — COPPER 6.37 ▼ 1.19% GOLD 4,054 ▼ 2.24% SILVER 58.03 ▼ 3.31% SOY 1,247 ▲ 1.16% CORN 487.00 ▲ 5.41% WHEAT 702.50 ▼ 0.46% COFFEE 313.15 ▼ 1.11% SUGAR 14.73 ▼ 0.07% ORANGE JUICE 147.70 ▼ 1.73% COTTON 81.49 ▲ 2.03% COCOA 5,214 ▼ 2.14% BEEF 221.38 ▼ 0.82% CATTLE 339.53 ▼ 0.48% LITHIUM 69.31 ▲ 0.45% PETR4 43.34 ▲ 1.78% VALE3 76.94 ▲ 2.45% ITUB4 42.60 ▼ 0.70% BBDC4 18.88 ▼ 0.47% ABEV3 16.05 ▼ 0.50% BBAS3 20.91 ▼ 0.85% B3SA3 15.67 ▼ 1.45% WEGE3 45.37 ▼ 2.93% PRIO3 60.97 ▲ 2.01% SUZB3 42.34 ▼ 0.75% RENT3 36.91 ▼ 0.62% AZZA3 17.29 ▼ 2.92% CSAN3 3.91 ▼ 0.26% RAIZ4 0.27 — 0.00% PCAR3 2.75 — 0.00% GMAT3 3.88 ▼ 0.77% PSSA3 55.23 ▼ 0.40% CVCB3 1.25 ▼ 1.57% POSI3 3.68 ▼ 0.54% SLCE3 14.01 ▲ 0.36% NATU3 8.68 — 0.00% BRKM5 6.17 ▲ 1.65% RANI3 8.00 — 0.00% CSNA3 5.57 ▲ 3.53% CMIN3 5.80 ▼ 0.68% USIM5 8.67 ▲ 0.23% GGBR4 24.32 ▲ 1.08% ENEV3 25.69 ▼ 1.08% CPFE3 46.33 ▼ 0.81% CMIG4 11.12 ▼ 0.80% EQTL3 38.65 ▼ 1.78% LREN3 13.40 ▼ 1.03% VIVT3 35.28 ▼ 0.28% RAIL3 13.84 ▲ 1.47% KLABIN 17.79 ▼ 0.78% RAIA DROGASIL 18.45 ▲ 0.87% RDOR3 33.49 ▼ 2.90% HAPV3 10.85 ▼ 4.74% FLRY3 16.59 ▼ 0.36% SMTO3 16.08 ▲ 0.19% UGPA3 33.06 ▲ 0.70% VBBR3 35.23 ▲ 0.71% BBSE3 42.33 ▼ 0.59% BPAC11 56.02 ▼ 1.75% CURY3 29.42 ▼ 2.58% AERI3 2.07 ▲ 0.98% VIVARA 21.39 ▼ 0.74% COMPASS 24.88 ▲ 0.28% VAMOS 3.18 ▼ 1.55% SANB11 26.72 ▼ 0.85% ASAI3 8.22 ▼ 2.14% SBSP3 28.65 ▼ 2.19% WALMEX 47.64 ▼ 2.08% GMEXICO 214.69 ▼ 0.15% FEMSA 228.63 ▲ 0.39% CEMEX 22.08 ▼ 0.41% GFNORTE 192.32 ▲ 0.37% BIMBO 60.08 ▼ 0.36% TELEVISA 9.74 ▼ 0.81% AMX 22.71 ▲ 0.09% GAP 375.52 ▼ 0.32% ASUR 270.74 ▼ 1.02% OMA 228.52 ▼ 0.08% KOF 182.58 ▼ 0.04% GRUMA 275.01 ▼ 1.94% KIMBER 38.87 ▲ 0.13% SQM-B 66,600 ▲ 2.37% COPEC 6,500 ▼ 0.76% BSANTANDER 79.90 ▲ 0.06% FALABELLA 6,030 ▼ 0.20% ENELAM 84.50 ▼ 0.04% CENCOSUD 2,000 ▼ 0.48% CMPC 1,072 ▲ 0.19% BANCO CHILE 194.12 ▲ 0.32% LATAM AIR 23.67 ▼ 1.74% YPF 83,575 ▲ 1.30% GGAL 8,155 ▼ 1.45% PAMPA 5,595 ▼ 0.53% TXAR 670.00 ▲ 0.30% ALUAR 974.00 — 0.00% TGS 9,980 ▲ 0.76% CEPU 2,390 ▼ 0.87% MIRGOR 16,925 ▲ 0.89% COME 42.70 ▼ 1.02% LOMA NEGRA 3,760 ▼ 1.31% BYMA 294.00 ▼ 0.51% TELECOM ARG 4,290 ▼ 2.94% ECOPETROL 16.72 ▲ 0.18% BANCOLOMBIA 84.91 ▲ 0.30% GRUPO AVAL 4.98 ▼ 1.29% CREDICORP 392.61 ▼ 0.27% SOUTHERN COPPER 187.09 ▼ 4.29% BUENAVENTURA 31.25 ▼ 2.62% MERCADOLIBRE 1,783 ▼ 0.88% NUBANK 14.47 ▼ 0.28% XP 17.27 ▼ 0.17% PAGSEGURO 9.48 ▼ 1.96% STONE 11.10 ▼ 2.33% GLOBANT 30.04 ▼ 2.07% TECNOGLASS 44.44 ▼ 1.72% GAP AIRPORT 214.57 ▼ 1.37% ASUR 270.74 ▼ 1.02% OMA AIRPORT 104.54 ▼ 0.77% AMX ADR 25.92 ▼ 0.78% FEMSA ADR 129.78 ▼ 0.87% CEMEX ADR 12.54 ▼ 1.42% PETROBRAS ADR 19.20 ▲ 1.61% VALE ADR 15.12 ▲ 1.82% ITAU ADR 8.37 ▼ 1.36% SANTANDER BR 5.37 ▼ 1.56% AMBEV ADR 3.13 ▼ 0.48% CSN 1.12 ▲ 2.75% GERDAU 4.80 ▲ 0.52% LATAM ADR 49.75 ▼ 2.95% BTC 65,015 ▼ 1.64% ETH 1,901 ▼ 1.70% SOL 76.65 ▼ 1.61% XRP 1.11 ▼ 2.52% BNB 566.54 ▼ 0.74% ADA 0.17 ▼ 1.73% DOGE 0.07 ▼ 3.32% AVAX 6.48 ▼ 2.07% LINK 8.50 ▼ 1.38% DOT 0.82 ▼ 2.06% LTC 46.67 ▼ 0.85% BCH 214.56 ▼ 2.46% TRX 0.33 ▼ 0.76% XLM 0.18 ▼ 2.64% HBAR 0.07 ▼ 1.29% NEAR 1.88 ▲ 0.91% ATOM 1.44 ▼ 1.74% AAVE 96.28 ▼ 1.11% SELIC 14.25% EMBRAER 83.92 ▲ 0.16% EMBRAER ADR 65.75 ▼ 0.46% JBS 12.10 ▼ 1.22% JBS BDR 61.44 ▼ 0.58% MBRF3 16.03 — 0.00% MBRFY 3.11 ▼ 2.51% INTER 5.55 ▼ 2.46% EGX 53,932 ▼ 0.11% USD/ZAR16.69▲ 1.78% USD/NGN1,366▼ 0.48% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.94▲ 0.49% USD/CNY6.77▼ 0.05% DAX 24,844 ▼ 1.24% CAC 8,307 ▼ 1.56% FTSE 10,658 ▼ 0.55% MIB 51,544 ▼ 2.36% IBEX 19,315 ▼ 1.31% STOXX 640.48 ▼ 1.00% EUR/USD1.14▼ 0.34% GBP/USD1.33▼ 0.38% SPX 7,424 ▼ 1.00% DJI 51,722 ▼ 0.95% NDX 28,576 ▼ 1.46% RUT 2,942 ▼ 0.61% TSX 35,290 ▼ 0.55% VIX 19.13 ▲ 14.96% USD/CAD1.41— 0.00% US10Y 4.7050 ▲ 1.03% IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL 5.08 ▲ 0.43% USD/MXN 17.51 ▲ 0.71% USD/CLP 945.70 ▲ 1.08% USD/COP 3,220 ▼ 0.22% USD/PEN 3.40 ▼ 0.01% USD/ARS 1,488 ▲ 0.36% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,025 ▲ 1.20% USD/BOB 11.03 ▲ 3.57% USD/DOP 57.95 ▼ 0.09% USD/CRC 451.03 ▲ 2.18% USD/GTQ 7.62 ▲ 2.29% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.48% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.77 ▼ 0.45% BRENT 86.94 ▼ 7.58% WTI 91.52 ▲ 5.40% IRON ORE 161.91 — — COPPER 6.37 ▼ 1.19% GOLD 4,054 ▼ 2.24% SILVER 58.03 ▼ 3.31% SOY 1,247 ▲ 1.16% CORN 487.00 ▲ 5.41% WHEAT 702.50 ▼ 0.46% COFFEE 313.15 ▼ 1.11% SUGAR 14.73 ▼ 0.07% ORANGE JUICE 147.70 ▼ 1.73% COTTON 81.49 ▲ 2.03% COCOA 5,214 ▼ 2.14% BEEF 221.38 ▼ 0.82% CATTLE 339.53 ▼ 0.48% LITHIUM 69.31 ▲ 0.45% PETR4 43.34 ▲ 1.78% VALE3 76.94 ▲ 2.45% ITUB4 42.60 ▼ 0.70% BBDC4 18.88 ▼ 0.47% ABEV3 16.05 ▼ 0.50% BBAS3 20.91 ▼ 0.85% B3SA3 15.67 ▼ 1.45% WEGE3 45.37 ▼ 2.93% PRIO3 60.97 ▲ 2.01% SUZB3 42.34 ▼ 0.75% RENT3 36.91 ▼ 0.62% AZZA3 17.29 ▼ 2.92% CSAN3 3.91 ▼ 0.26% RAIZ4 0.27 — 0.00% PCAR3 2.75 — 0.00% GMAT3 3.88 ▼ 0.77% PSSA3 55.23 ▼ 0.40% CVCB3 1.25 ▼ 1.57% POSI3 3.68 ▼ 0.54% SLCE3 14.01 ▲ 0.36% NATU3 8.68 — 0.00% BRKM5 6.17 ▲ 1.65% RANI3 8.00 — 0.00% CSNA3 5.57 ▲ 3.53% CMIN3 5.80 ▼ 0.68% USIM5 8.67 ▲ 0.23% GGBR4 24.32 ▲ 1.08% ENEV3 25.69 ▼ 1.08% CPFE3 46.33 ▼ 0.81% CMIG4 11.12 ▼ 0.80% EQTL3 38.65 ▼ 1.78% LREN3 13.40 ▼ 1.03% VIVT3 35.28 ▼ 0.28% RAIL3 13.84 ▲ 1.47% KLABIN 17.79 ▼ 0.78% RAIA DROGASIL 18.45 ▲ 0.87% RDOR3 33.49 ▼ 2.90% HAPV3 10.85 ▼ 4.74% FLRY3 16.59 ▼ 0.36% SMTO3 16.08 ▲ 0.19% UGPA3 33.06 ▲ 0.70% VBBR3 35.23 ▲ 0.71% BBSE3 42.33 ▼ 0.59% BPAC11 56.02 ▼ 1.75% CURY3 29.42 ▼ 2.58% AERI3 2.07 ▲ 0.98% VIVARA 21.39 ▼ 0.74% COMPASS 24.88 ▲ 0.28% VAMOS 3.18 ▼ 1.55% SANB11 26.72 ▼ 0.85% ASAI3 8.22 ▼ 2.14% SBSP3 28.65 ▼ 2.19% WALMEX 47.64 ▼ 2.08% GMEXICO 214.69 ▼ 0.15% FEMSA 228.63 ▲ 0.39% CEMEX 22.08 ▼ 0.41% GFNORTE 192.32 ▲ 0.37% BIMBO 60.08 ▼ 0.36% TELEVISA 9.74 ▼ 0.81% AMX 22.71 ▲ 0.09% GAP 375.52 ▼ 0.32% ASUR 270.74 ▼ 1.02% OMA 228.52 ▼ 0.08% KOF 182.58 ▼ 0.04% GRUMA 275.01 ▼ 1.94% KIMBER 38.87 ▲ 0.13% SQM-B 66,600 ▲ 2.37% COPEC 6,500 ▼ 0.76% BSANTANDER 79.90 ▲ 0.06% FALABELLA 6,030 ▼ 0.20% ENELAM 84.50 ▼ 0.04% CENCOSUD 2,000 ▼ 0.48% CMPC 1,072 ▲ 0.19% BANCO CHILE 194.12 ▲ 0.32% LATAM AIR 23.67 ▼ 1.74% YPF 83,575 ▲ 1.30% GGAL 8,155 ▼ 1.45% PAMPA 5,595 ▼ 0.53% TXAR 670.00 ▲ 0.30% ALUAR 974.00 — 0.00% TGS 9,980 ▲ 0.76% CEPU 2,390 ▼ 0.87% MIRGOR 16,925 ▲ 0.89% COME 42.70 ▼ 1.02% LOMA NEGRA 3,760 ▼ 1.31% BYMA 294.00 ▼ 0.51% TELECOM ARG 4,290 ▼ 2.94% ECOPETROL 16.72 ▲ 0.18% BANCOLOMBIA 84.91 ▲ 0.30% GRUPO AVAL 4.98 ▼ 1.29% CREDICORP 392.61 ▼ 0.27% SOUTHERN COPPER 187.09 ▼ 4.29% BUENAVENTURA 31.25 ▼ 2.62% MERCADOLIBRE 1,783 ▼ 0.88% NUBANK 14.47 ▼ 0.28% XP 17.27 ▼ 0.17% PAGSEGURO 9.48 ▼ 1.96% STONE 11.10 ▼ 2.33% GLOBANT 30.04 ▼ 2.07% TECNOGLASS 44.44 ▼ 1.72% GAP AIRPORT 214.57 ▼ 1.37% ASUR 270.74 ▼ 1.02% OMA AIRPORT 104.54 ▼ 0.77% AMX ADR 25.92 ▼ 0.78% FEMSA ADR 129.78 ▼ 0.87% CEMEX ADR 12.54 ▼ 1.42% PETROBRAS ADR 19.20 ▲ 1.61% VALE ADR 15.12 ▲ 1.82% ITAU ADR 8.37 ▼ 1.36% SANTANDER BR 5.37 ▼ 1.56% AMBEV ADR 3.13 ▼ 0.48% CSN 1.12 ▲ 2.75% GERDAU 4.80 ▲ 0.52% LATAM ADR 49.75 ▼ 2.95% BTC 65,015 ▼ 1.64% ETH 1,901 ▼ 1.70% SOL 76.65 ▼ 1.61% XRP 1.11 ▼ 2.52% BNB 566.54 ▼ 0.74% ADA 0.17 ▼ 1.73% DOGE 0.07 ▼ 3.32% AVAX 6.48 ▼ 2.07% LINK 8.50 ▼ 1.38% DOT 0.82 ▼ 2.06% LTC 46.67 ▼ 0.85% BCH 214.56 ▼ 2.46% TRX 0.33 ▼ 0.76% XLM 0.18 ▼ 2.64% HBAR 0.07 ▼ 1.29% NEAR 1.88 ▲ 0.91% ATOM 1.44 ▼ 1.74% AAVE 96.28 ▼ 1.11% SELIC 14.25% EMBRAER 83.92 ▲ 0.16% EMBRAER ADR 65.75 ▼ 0.46% JBS 12.10 ▼ 1.22% JBS BDR 61.44 ▼ 0.58% MBRF3 16.03 — 0.00% MBRFY 3.11 ▼ 2.51% INTER 5.55 ▼ 2.46% EGX 53,932 ▼ 0.11% USD/ZAR 16.68 ▲ 1.66% USD/NGN 1,366 ▼ 0.27% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.93 ▲ 0.51% USD/CNY 6.7696 ▲ 0.08% DAX 24,844 ▼ 1.24% CAC 8,307 ▼ 1.56% FTSE 10,658 ▼ 0.55% MIB 51,544 ▼ 2.36% IBEX 19,315 ▼ 1.31% STOXX 640.48 ▼ 1.00% EUR/USD 1.1373 ▼ 0.32% GBP/USD 1.3325 ▼ 0.38% SPX 7,424 ▼ 1.00% DJI 51,722 ▼ 0.95% NDX 28,576 ▼ 1.46% RUT 2,942 ▼ 0.61% TSX 35,290 ▼ 0.55% VIX 19.13 ▲ 14.96% USD/CAD 1.4088 ▲ 0.04% US10Y 4.7050 ▲ 1.03%
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Thursday, July 23, 2026

Brazil Mercosur-EU trade deal

In Brazil, Portugal’s president pledges to continue working for EU-Mercosur agreement

By · August 2, 2021 · 3 min read

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RIO DE JANEIRO, BRAZIL – The Portuguese president, Marcelo Rebelo de Souza, was received Monday, August 1, by his Brazilian counterpart, Jair Bolsonaro. He pledged to continue working for speedy ratification of the trade agreement between the European Union (EU) and Mercosur.

“We are hopeful that little by little the few remaining obstacles” to the ratification of the agreement, announced in 2019, are being demolished, Rebelo explained at a press conference after he met with Bolsonaro, held without the presence of journalists at his official residence in Brasilia.

Marcelo Rebelo de Souza and Jair Bolsonaro. (Photo internet reproduction)
Marcelo Rebelo de Souza and Jair Bolsonaro. (Photo internet reproduction)
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According to the Portuguese president, all the economic “obstacles” have been fully overcome, but “a few” environmental ones remain, which both Mercosur and the EU are determined to leave behind as well, in favor of an agreement that “favors everyone”.

These doubts are based on the aggressive policies promoted by Bolsonaro’s government, especially in the Amazon region, which have aroused resentment in some countries.

However, Rebelo said he was confident that, during the current Slovenian presidency of the EU, progress would be made in the drafting of an annex document focused on environmental issues, following a proposal presented by Portugal in the middle of last year.

“That approximation on the environmental issue will be important for the agreement,” and now “it is up to the European Commission to present the first outline” of the complementary document, to which the countries of both blocs have already committed, he explained.

The Portuguese president said that he and Bolsonaro also discussed various items on the bilateral agenda. He highlighted the preparations for the Bicentennial of Brazil’s Independence commemoration from Portugal, to be held in 2022.

In this context, he valued the commitment of both governments to the promotion of the Portuguese language, an effort that has Brazil “as the great protagonist, due to its size and the youth of its people,” he said.

Rebelo celebrated the reopening, last Saturday, July 31, of the Museum of the Portuguese Language in the city of Sao Paulo after almost six years of closure due to a fire that consumed part of its facilities in December 2015.

“For Portugal, Brazil and all the official Portuguese-speaking states, this museum is a fundamental framework,” said Rebelo, who declined to comment on Bolsonaro’s absence at the event, which, in addition to the Portuguese leader, was attended by the president of Cape Verde, Jorge Carlos Fonseca, and representatives of other Portuguese-speaking countries.

Rebelo also excused himself from answering questions about the fact that, in his Monday meeting with Bolsonaro, the Brazilian president and all his ministers did not wear the mandatory anti-covid-19 masks, which the entire Portuguese delegation did.

“We don’t have to make judgments about our hosts. He received us at the Alvorada Palace (official residence) and, therefore, at home,” he said.

During his visit to Brazil, which concluded on Monday, Rebelo also met with former Brazilian presidents Luiz Inácio Lula da Silva, Fernando Henrique Cardoso, and Michel Temer, in all cases privately.

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

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