South America

EU-Mercosur Trade Agreement Signed After 25-Year Negotiation

On 17 January 2026, the European Union (hereinafter: EU) and the Southern Common Market (hereinafter: Mercosur) formally signed the EU-Mercosur trade agreement during a summit in Montevideo, Uruguay. The signing marks the conclusion of a negotiation process that spanned more than 25 years and was last delayed in December 2025. The ceremony was attended by...