Balgarianovinite.com The Council of the European Union on Friday greenlighted the signature of the EU agreement with the Mercosur countries (Argentina, Brazil, Paraguay and Uruguay), said the Cypriot Presidency of the Council.
The Council of the EU adopted two decisions authorizing the signature of the EU-Mercosur Partnership Agreement and of the Interim Trade Agreement between the EU and Mercosur. Together, these agreements mark an important milestone in the EU’s long-standing relationship with the Mercosur partners. Once in force, they will establish a framework for political dialogue, cooperation and trade relations within a modernized and comprehensive partnership, the Cypriot Presidency of the Council said.
Earlier in the day, the Greens/EFA group in the European Parliament (EP) called on the MEPs to back a resolution requesting an opinion from the European Court of Justice on the compatibility of the agreement with the European Treaties. Meanwhile, the two largest groups in the EP, the European People’s Party (EPP) and the Progressive Alliance of Socialists and Democrats (S&D), expressed their support for the agreement. The Greens reported that France, Poland, Ireland, Austria and Hungary voted against the deal.
European Commission President Ursula von der Leyen said in a statement: “I greatly look forward to signing this landmark deal soon,” after 25 years of preparations.
“It is also a testament to the endurance and strength of our relationship with Latin America,” von der Leyen added. “At a time when trade and dependencies are being weaponized and the dangerous, transactional nature of the reality we live in becomes increasingly stark, this historic trade deal is further proof that Europe charts its own course and stands as a reliable partner,” the EC President said.
She noted: “Today, 60,000 European companies export to Mercosur, half of these are small and medium-sized enterprises that will benefit from lower tariffs, will save around EUR 4 billion every year in export duties and will benefit from simpler customs procedures. Crucially, it will also give our companies better access to critical raw materials. We have heard the concerns of our farmers and our agricultural sector and we have acted on them. This agreement contains robust safeguards to protect their livelihoods. We are also stepping up our actions in relation to import controls, because rules must be respected, also by importers.”
In von der Leyen’s words, EU exports to Mercosur are expected to grow by almost EUR 50 billion by 2040 and Mercosur exports will in turn grow by up to EUR 9 billion. EU Council Gives Go-Ahead for Mercosur Deal 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-01-09 20:06:28 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law