Political conclusion of EU-Mercosur agreement is a good start to the new institutional cycle

6 December 2024 - After years of challenging negotiations, the EU and Mercosur have reached a landmark political agreement—a significant step forward for companies and consumers on both sides of the Atlantic. BusinessEurope Director General Markus J. Beyrer welcomed the news, stating:

"In a world increasingly marked by protectionism and rising geopolitical risks, the EU is sending a positive signal: it remains committed to open, rules-based trade. Market diversification is essential for enhancing the EU’s economic resilience and mitigating international uncertainties.

The political conclusion of the EU-Mercosur agreement marks an important achievement early in this new institutional cycle, delivering on one of the key trade priorities for both the economy and citizens."