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Germany says amicable solution remains goal for Mercosur deal

Published by Global Banking & Finance Review

Posted on December 6, 2024

2 min read

· Last updated: January 27, 2026

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Germany Aims for Amicable Solution in Mercosur Deal Talks

BERLIN (Reuters) - Germany's goal remains to find an amicable solution in negotiations on a trade deal with South America's Mercosur bloc and it is in talks with all partners, including France, which opposed the agreement, said a government spokesperson in Berlin.

"Our aim was and remains to find an amicable solution in the negotiations, and we are of course in talks with all partners, including France," the spokesperson said at a regular news conference on Friday.

"There is now a unique opportunity to conclude the deal and we must not miss it," the person added, calling for the "greatest possible pragmatism" and willingness to compromise.

The European Union and Mercosur bloc are expected on Friday to finalise a free trade agreement but it faces a tortuous battle for approval in Europe given firm French opposition.

German Chancellor Olaf Scholz last month urged the EU to change how it concludes trade deals and prevent single countries from putting the brakes on them by moving towards EU-only agreements that can then be adopted with a qualified majority in the Council and with Parliament.

While Scholz was referring to future agreements, "we would not rule out an EU-only agreement for agreements currently being negotiated, such as Mercosur, if it becomes apparent that no other agreement is possible," the spokesperson said on Friday.

(Reporting by Andreas Rinke. Writing by Miranda Murray. Editing by Friederike Heine and Mark Potter)

Key Takeaways

  • Germany seeks a friendly resolution in Mercosur trade talks.
  • France opposes the current Mercosur agreement.
  • EU aims to finalize a free trade agreement with Mercosur.
  • Chancellor Scholz suggests EU-only trade agreement approach.
  • Negotiations require pragmatism and compromise.

Frequently Asked Questions

What is the main topic?
The main topic is Germany's efforts to reach an amicable solution in the Mercosur trade deal negotiations, despite opposition from France.
Why is France opposing the deal?
France opposes the Mercosur trade deal due to concerns about its impact on local industries and environmental standards.
What is Germany's stance on the Mercosur deal?
Germany is advocating for a pragmatic approach to finalize the Mercosur trade deal, emphasizing the need for compromise.

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