
Most EU countries have given a green light to the Mercosur agreement following discussions at the ambassador level in Brussels earlier today.
An official from the Cypriot Presidency of the EU noted that there is substantial support for the agreement’s approval and signing. The necessary “qualified majority” for the Mercosur agreement appears to be met, with at least 15 countries representing 65% of the EU’s population in favor. EU capitals have until 6 p.m. Greek time to submit their votes in writing, with the official announcement of approval expected later today.
Despite opposition from France, Poland, Hungary, Ireland, and Austria, who indicated they would vote against the agreement, they do not have enough votes to block it. Italy’s shift to support the agreement, fueled by satisfactory assurances for its agricultural sector, played a crucial role.
The agreement’s approval will grant European Commission President Ursula von der Leyen the authority to travel to Paraguay over the weekend for the official signing on January 12.
This agreement is projected to be the largest trade deal ever negotiated by the EU, though it still requires ratification by the European Parliament before it can be implemented. According to the Cypriot Presidency, the security guarantees provided for sensitive agricultural products align with European Parliament positions. (09/01/26)













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