US EditionBrazil Promulgates Mercosur-EU Deal, Completing Domestic Ratification of Trade Pact
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10 Articles
Mercosur EU Trade Deal: The Complete Guide for Investors
Key Points — The largest bloc-to-bloc trade agreement ever negotiated — 720 million consumers, €111 billion ($128 billion) in annual trade, and over 90% of tariffs eliminated — Provisional application activated March 11, 2026 for Argentina and Uruguay, with Brazil’s Senate ratifying March 4 — tariff reductions now taking effect before full ratification — […] The post Mercosur EU Trade Deal: The Complete Guide for Investors appeared first on The …
Brazil promulgates Mercosur-EU deal, completing domestic ratification of trade pact
Brazil’s Congress on Tuesday promulgated the trade agreement between Mercosur and the European Union, completing the final domestic step required for the treaty to take effect on the Brazilian side. The ceremony was led by Senate and Congress President Davi Alcolumbre, who framed the pact as a sign in favor of trade, stability and integration at a time of wars and commercial tensions.
The Vice President and Minister of Development, Industry, Trade and Services of Brazil, Geraldo Alckmin, today celebrated the promulgation by the National Congress of the trade agreement between the Common Market of the South (Mercosur) and the European Union (EU), which he described as a "victory of cooperation, dialogue and multilateralism." The legislative decree ratifying the treaty was promulgated today during a solemn session of the Brazil…
The Mercosul Agreement and the European Union will reduce tariffs by 90% of trade between the blockades and set new rules for exports, investments and national industry.
The project was sent by the executive branch in February and approved by a large majority. Congressional president said that "trade is the key to world peace and creates friendly nations."
Brazil formalized on Tuesday the free trade agreement between Mercosur and the European Union, allowing its entry into force scheduled for 1 May. At a meeting at the congress, President Davi Alcolumbre described the agreement as an instrument of international stability and a symbol of peace and prosperity in a world in crisis. After more than 26 years of negotiations, the agreement, signed in January in Asuncion, aims to establish a free trade a…
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