
Following decades of negotiations and a high-stakes “now or never” deadline set for this week, the Southern Common Market (Mercosur) bloc has officially adopted a stance of cautious optimism after the European Union (EU) failed to secure the necessary internal mandate to sign the historic Free Trade Agreement (FTA) on Saturday.
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The highly anticipated signing of the free trade agreement between the European Union (EU) and the Southern Common Market (Mercosur), originally scheduled for this Saturday in Foz do Iguaçu, has been officially postponed until January following a surge in domestic pressure and mass protests by European farmers.
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Brazil's Vice President and Minister of Development, Industry, Trade, and Services, Geraldo Alckmin, stated on Friday that France was attempting to delay the signing of the long-negotiated Free Trade Agreement (FTA) between the European Union (EU) and the Southern Common Market (Mercosur).
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Spanish Prime Minister Pedro Sánchez met with Uruguayan President Yamandú Orsi in Montevideo on Tuesday for the signing of a series of bilateral cooperation agreements. At the event, the Spanish leader insisted on the urgent need for a European Union (EU)-Southern Common Market (Mercosur) Free Trade Agreement amid global commerce tensions.

Some 100 French farmers and ranchers paraded Wednesday in front of the Brazilian Embassy in Paris with Charolais cows and T-shirts reading Beef producers furious! as the National Beef Federation (Federation Nationale Bovine - FNB) demonstrated its strong opposition to the proposed Free Trade Agreement (FTA) between the European Union (EU) and the Southern Common Market (Mercosur).

Italian Foreign Minister Antonio Tajani told his Uruguayan counterpart Mario Lubetkin Friday that Rome favored finalizing the free trade agreement between the European Union (EU) and the South American Common Market (Mercosur), provided Europe's agricultural sector is protected, thus aligning with concerns from France and others about South American imports.

Before flying to Israel, Argentine President Javier Milei met in Nice this week with his French colleague Emmanuel Macron during the United Nations Oceans Conference to discuss the long-stalled Mercosur-European Union trade agreement.

Germany's newly appointed Chancellor Friedrich Merz traveled on his first day in office to Paris and Warsaw to further push for European unity. With French President Emmanuel Macron he discussed bilateral ties, European security, US trade tariffs, and the Ukraine conflict. He also supported the EU-Mercosur trade agreement, despite France's reservations due to environmental concerns.

Uruguayan President Yamandú Orsi held a one-on-one talk with his German colleague Frank-Walter Steinmeier, at the Estévez Palace in Montevideo. Both leaders agreed on the importance of ratifying the trade agreement between the South American Common Market (Mercosur) and the European Union (EU).

A few days after European Commission President Ursula von del Leyen signed a long-pending trade agreement with four South American nations, French farmers were back on the streets dumping manure. This time they parked the tractors near the tunnel in Calais that goes through the English Channel, according to a report from German political and business analyst Uwe Hessler.