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Mercosur agreement: Commission hopes for signals from South America

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Published: December 5th, 2023,
Last updated: May 30th, 2025

Brazil’s President Luiz Inácio Lula da Silva and German Chancellor Olaf Scholz. They last met at the German-Brazilian intergovernmental consultations.

The EU Commission hopes that the Mercosur agreement can be signed after Javier Milei takes office as Argentina’s new president. Milei, who describes himself as an anarcho-capitalist, takes office on December 10. He had positioned himself against the agreement during the election campaign. By the Christmas break, it will be clear whether the four Mercosur states and the EU Commission can agree on minor changes to the agreement, which has been under negotiation since 2019, in order to sign the agreement before the European elections, according to reports in Brussels.

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