The European Commission is working to secure agreement from member states on a deal with the South American bloc Mercosur in the coming months, as the finalization of the document approaches, according to EC spokesperson Olof Gill on Friday. He noted that the current unstable geopolitical climate makes this agreement more favorable.
“In an increasingly unpredictable geopolitical landscape, establishing strong partnerships with reliable allies worldwide that yield mutual benefits is crucial,” Gill stated.
“We are committed to dedicating significant time and effort in the upcoming months to finalize the agreement and engage with our member states, highlighting that given the global situation, this represents a significant opportunity for us,” he added.
Following the tariffs imposed by U.S. President Donald Trump, which he referred to as “America’s liberation day,” there have been calls within the EU to expedite the Mercosur agreement. Among those advocating for this acceleration is the President of the European Council, Antonio Costa. However, Poland and France have expressed opposition to the agreement, citing concerns for their farmers.
“Mercosur remains a top priority for the European Commission. We will engage with our member states in a structured and detailed manner,” Gill stated. He underscored that diversifying trade partnerships is essential for economic resilience, especially in the current climate. The spokesperson reminded that the EU boasts the largest and fastest-growing network of trade agreements globally, totaling 44 agreements with 76 countries.
In December 2024, the European Commission announced the conclusion of nearly 25 years of negotiations with South American nations regarding the agreement’s content, with political agreements established between Argentina, Brazil, Paraguay, and Uruguay.
Following a legal review and translation into the various national languages, the Commission plans to present the proposal to member states for ratification, anticipated to occur mid-year.
At that time, the ratification process will also be clarified. If the Commission deems the agreement to fall under the EU’s exclusive competence, it will only require the approval of the European Parliament and the member states within the EU Council, which decides by qualified majority—15 countries representing 65% of the EU population. Conversely, if it is classified as a mixed agreement, ratification by individual member states will also be necessary. There is also the possibility of separating the agreement into an EU-exclusive component and a mixed component. (04.04.2025)
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