Finance

Brazil lower house approves EU-Mercosur free trade deal

Published by Global Banking & Finance Review

Posted on February 25, 2026

1 min read

· Last updated: April 2, 2026

Add as preferred source on Google
Brazil lower house approves EU-Mercosur free trade deal
Global Banking & Finance Awards 2026 — Call for Entries

SAO PAULO, Feb 25 (Reuters) - Brazil's lower house on Wednesday approved the recently signed free trade agreement between the European Union and the South American bloc Mercosur, pending a green light

Brazil’s Lower House Backs EU-Mercosur Free Trade Pact After 25 Years

Brazil’s Lower House Vote

Deal Overview and Ratification Path

SAO PAULO, Feb 25 (Reuters) - Brazil's lower house on Wednesday approved the recently signed free trade agreement between the European Union and the South American bloc Mercosur, pending a green light from the Senate to ensure the country's full endorsement of the deal.

25 Years of Negotiations

Mercosur Member Approvals

The approval by the legislatures of Mercosur's members - Argentina, Brazil, Paraguay and Uruguay - is a necessary step for the trade accord to take effect after 25 years of negotiations.

Reporting Credit

(Reporting by Fernando Cardoso)

Key Takeaways

  • Brazil’s Chamber of Deputies approved the EU-Mercosur agreement on Feb 25, 2026, moving the text to the Senate.
  • The trade pact follows 25 years of negotiations and was signed in January 2026.
  • Ratification by all Mercosur member legislatures is required before the accord can take effect.
  • The agreement aims to lower tariffs and expand trade between the EU and Mercosur economies.
  • Today’s vote is a key step toward Brazil’s full endorsement of the deal.

References

Frequently Asked Questions

What is the main topic?
Brazil’s lower house approved the EU-Mercosur trade agreement, advancing the pact to the Senate. It marks progress toward implementing a long-negotiated free trade deal.
What happens next in Brazil?
The Senate will review and vote on the agreement. If approved, Brazil’s endorsement moves forward, but the pact still needs ratification across all Mercosur members.
Which countries must ratify the deal in Mercosur?
Argentina, Brazil, Paraguay and Uruguay must ratify the agreement through their legislatures before it can take effect.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category