ISDS Case Map
Mercosur
The resumption of negotiations on the controversial Mercosur agreement and trade policy with the United States are among the priorities of the German EU Council Presidency.
The ongoing differences between Brazil and Argentina are expected to have important implications for the future course of action within MERCOSUR and its engagements with other trade and economic partners including India.
Environmental safeguards within the agreement, which were already insufficient even before COVID-19, have now made the document outdated.
Action would come in the face of the neighboring country's announcement that it will abandon negotiations on the organization's agreements.
Singapore said that it is in contact with South American bloc Mercosur after a member state pulled out of talks on new free trade agreements (FTAs) that the group is negotiating beyond the region.
Argentina has decided to withdraw from ongoing trade negotiations with regional bloc Mercosur as it turns its focus on the growing economic crisis at home.
Mercosur is negotiating with South Korea, Canada and Singapore, while Indonesia and Vietnam are possible candidates. Plus, a deal with the European Free Trade Association is in its final stages.
Lebanon is only a few steps away from signing a free trade agreement with Mercosur countries, the Uruguayan ambassador to Lebanon said
South Korea held the fifth round of free trade talks with a group of South American countries, including Brazil, with a goal of striking the deal this year.
The Walloon parliament has voted unanimously in favour of a motion critical of the trade pact agreed between the European Union and the Mercosur countries.
