ISDS Case Map
Mercosur
Paraguayan President will break off negotiations between Mercosur and the European Union if the parties do not reach a deal before Dec. 6, when Brazil will hand over the bloc's presidency to Paraguay.
A leaked version of the Mercosur response to the EU's FTA joint instrument proposal suggests there are increasing negotiation differences between the two blocks.
Indonesia’s trade deal with the Mercosur bloc of Argentina, Brazil, Paraguay, and Uruguay is facing a delay, as negotiations will likely start in 2024, only after the group takes care of its long-overdue pact with the European Union (EU).
Negotiators for the European Union and Mercosur discussed the next steps towards completing their long-awaited trade deal after the South American trade bloc responded to a European addendum to the agreement, officials said.
The European Union should seek to complete free trade agreements with Australia, Mexico and South American bloc Mercosur by the end of the year, European Commission President Ursula von der Leyen said.
Splits within South American trade bloc Mercosur have dampened hopes in the European Union of a trade deal, which could fall apart if it does not get done by the end of the year.
India and Brazil have joined forces to expand the India-Mercosur Preferential Trade Agreement (PTA), aiming to strengthen their economic ties.
Brazil’s president is asking for a meeting of leaders from the European Union and Mercosur to decide on a trade deal this year, during his presidency at the South American bloc.
Brazil's Foreign Minister Mauro Vieira said the Mercosur bloc of Brazil, Argentina, Paraguay and Uruguay has sent the European Union their position on a European addendum to their long-awaited trade agreement.
South American trade bloc Mercosur will have its counterproposal to a European Union addendum to their long-overdue trade accord ready in September, Brazil's Foreign Minister said.
