The latest policy paper authored by Mariana Fleischhauer Correa da Costa, Manager at FGV Europe, and Pietro Regazzoni, FGV Europe Professional Fellow, explores how the EU–Mercosur agreement, with over 20 years in the making, stands as one of the EU’s most ambitious trade deals. It seeks to diversify the EU’s supply chains and enhance its global influence, while supporting Mercosur’s economic modernization and market access.
The deal promises tariff reductions, regulatory cooperation, and investment opportunities in sectors such as agri-food, manufacturing, green technology, and services. Despite resistance from certain EU agricultural sectors and environmental concerns, it includes binding safeguards and sustainability clauses.
In the face of rising protectionism and growing Chinese influence in Latin America, concluding the agreement would strengthen relations, foster economic growth, strategic autonomy, and sustainable development across both regions.
To learn more, read the full article. Download it here.
This paper is part of the recently launched FGV Europe Think Series, that offers in-depth analyses and reflections on strategic issues in the international agenda — including politics, economics, sustainability, agriculture, global trade, and regional integration. It seeks to deepen the understanding of the challenges and opportunities in the relations between Brazil, Europe, and Africa, while providing both technical insights and institutional perspectives. Stay tuned for the next editions.
