Tag: South America
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The most important details of the Mercosur Agreement
At the end of the week, the Mercosur agreement was finally approved by the European Council with a qualified majority, sidelining France’s opposition to the agreement. Formal negotiations on the Mercosur agreement began in March 1991 and will create the largest free trade-zone agreement in the world between the EU and South American countries including…
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Mercosur agreement suspended for three months
In the conclusive European Council press conference, EU Commission President Ursula von der Leyen said that the Mercosur agreement has been postponed with a timeline for the next three months. She added that this new extension should not be a significant setback after 24 years discussions. An agreement between European leaders was not reached with…
