Europe’s rapprochement with Mercosur highlights a shift in its geopolitical priorities and raises the question of to what extent it can regain the economic and political influence that China has been gaining over the past decades.
Europe and Latin America share strategic interests in an uncertain world, but the challenge is to turn these common interests into a stronger alliance.
After four decades of crises, disagreements, and constant adaptations, Mercosur shows that its greatest strength is not the absence of conflict, but its ability to endure and continue to be a key player in regional integration.
After years of blockages and renegotiations, the European Union approved the agreement with Mercosur, yet the decisive battle—the ratification—has only just begun.
