EU Nations Urge Swift Conclusion of Mercosur Trade Deal

Eleven European Union countries, including Germany, Sweden, and Portugal, have called for the rapid finalization of the Mercosur trade agreement with Latin American nations. A letter from European leaders urging European Commission President Ursula von der Leyen to expedite the deal was reported by the Financial Times.


Devdiscourse News Desk | Updated: 06-09-2024 10:44 IST | Created: 06-09-2024 10:44 IST
EU Nations Urge Swift Conclusion of Mercosur Trade Deal

Eleven European Union member states have intensified efforts to finalize the Mercosur trade agreement with Latin American countries, according to a report by the Financial Times.

A bipartisan coalition of leaders, including Germany's Olaf Scholz, Sweden's Ulf Kristersson, and Portugal's Luis Montenegro, have addressed a letter to European Commission President Ursula von der Leyen.

The leaders are calling on von der Leyen to take swift action to seal the deal, emphasizing its importance for economic relations between the regions.

(With inputs from agencies.)

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