Published: December 4th, 2023,
Last updated: May 28th, 2025

The Mercosur trade agreement is on the brink of collapse. As Table.Media has learned from negotiating circles, the EU Commission no longer sees any chance of announcing an agreement at the Mercosur summit on Dec. 7 in Brazil. Chancellor Olaf Scholz and Brazil’s President Lula did not explicitly declare the agreement a failure at the German-Brazilian government consultations in Berlin yesterday. As the EU Commission is leading the negotiations on the EU side, it would not have been the Chancellor’s responsibility to declare the talks over. However, it was reported in the morning from circles within the EU negotiating delegation that the planned trip to Brazil for the final negotiations and conclusion had been canceled. „There will be no declaration in Rio de Janeiro.„