EU Mercosur Trade Deal to Apply Provisionally From May 1

The European Commission announced the trade deal with Mercosur will apply provisionally from May 1. Argentina, Brazil, and Uruguay have ratified the deal.

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The European Union's free trade agreement with the South American bloc Mercosur is set to be applied on a provisional basis starting May 1, according to a statement from the European Commission on Monday. This implementation phase will involve the primary trade elements of the accord, which has seen significant debate across Europe.

International leaders, including Presidents Jose Raul Mulino, Rodrigo Paz, Antonio Costa, Ursula von der Leyen, Javier Milei, and Yamandu Orsi, along with Foreign Minister Mauro Vieira, listen to President Santiago Pena's address during the EU-Mercosur trade agreement signing ceremony.
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