Mercosur: with the vote of the 27 EU countries concluded, the agreement has been given the green light

Brussels, 9 January (LaPresse) – The written procedure between the 27 permanent representatives on the Mercosur package has been concluded. The Council has adopted two decisions authorising the signing of the EU-Mercosur Partnership Agreement (EMPA) and the Interim Trade Agreement (iTA) between the EU and Mercosur. Together, these agreements mark an important milestone in the EU's long-standing relations with its Mercosur partners: Argentina, Brazil, Paraguay and Uruguay, says the Cypriot Presidency of the EU Council. Once in force, they will establish a framework for political dialogue, cooperation and trade relations within a modernised and comprehensive partnership. "After more than 25 years, today's decisions mark a historic step forward in strengthening the EU's strategic partnership with Mercosur. At a time of growing global uncertainty, it is essential to strengthen our political cooperation, deepen our economic ties and maintain our shared commitment to sustainable development. These agreements will create new opportunities for businesses on both sides, while ensuring strong safeguards for our most sensitive sectors and a fair and sustainable framework for trade," said Michael Damianos, Cypriot Minister for Energy, Trade and Industry.