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.
In December 2023, Brazil transfers the pro tempore presidency of Mercosur to Paraguay, and in the same month the deadline for concluding the agreement with the European Union expires.
