ISDS Case Map
EU
European Union
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).
On June 8, 2023, the European Union’s Commission announced the Cameroon-EU EPA Awards, a contest organized “to honor those who have taken up the challenge and are now benefiting from the Economic Partnership Agreements (EPA)”
The Economic Partnership Agreement (EPA) between Cameroon and the European Union benefited large enterprises the most, according to customs authorities. Those enterprises are mostly multinationals operating in the brewing, cement, chemical, and agribusiness industries.
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.
Trade Minister Don Farrell says if a trade deal is not struck with the European Union by the end of the year, it's unlikely to happen before the middle of the decade.
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.
