In its decisive stage, the agreement between Mercosur and the EU is emerging as a historic opportunity to enhance competitiveness, modernize institutions, and reposition the South American bloc geopolitically.
After three decades of back-and-forth, the EU and Mercosur have finally reached a historic agreement that promises to reshape the economic and geopolitical landscape between Europe and South America.
After more than two decades of promises and disagreements, the Mercosur–European Union agreement remains bogged down amid European protectionism, French agricultural pressure, and South American impatience.
At the beginning of 2024, the huge agricultural mobilizations that paralyzed Europe froze the possibility of concluding the agreement, which was then compounded by the elections to the European Parliament.
