EU–CELAC Relations Ahead of the 2025 Summit

Costa said that the agreement would create the world's largest free trade area and would bring great economic benefits and that Brazil, as well as the EU, is committed to " combating climate change".

After almost thirty years of negotiations, interruptions and political changes, the trade agreement between the European Union and Mercosur was finally signed last December during the summit in Montevideo. However, one crucial step remains: its ratification.While the European and Latin American parliaments analyze the text, two protagonists emerge as key pieces for its approval, Italy and Argentina.For years, the focus of the debate seemed to re…

It takes "the immediate approval" of the free trade agreement between the European Union and Mercosur countries: "Tergiversare ulteriore would be fatal," warns Confindustria in audition to the Foreign Commission of the Chamber: it is "a trade agreement of strategic importance for the national and European industry." "After 25 years and 38 negotiating rounds, the EU has the possibility to assert its garrison in an area coveted by fierce competito…

EU–CELAC relations ahead of the 2025 summit

Written by Marc Jütten. After a political lull of almost a decade, the European Union (EU) and the Community of Latin American and Caribbean States (CELAC) relaunched their strategic partnership in Buenos Aires, Argentina, on 27 October 2022. The 2022-2023 bi-regional roadmap, together with the EU’s joint communication of 7 June 2023 on a new agenda for Latin America and the Caribbean (LAC), prepared the ground for the successful third EU–CELAC …