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.
The growing absences and divisions on both sides of the Atlantic cast doubt on whether the EU–CELAC summits remain a useful instrument for bi-regional cooperation.
The upcoming EU–CELAC Summit will test whether both regions can turn self-interested pragmatism into an alliance that truly addresses shared priorities.
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.