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EU on track for signing of Mercosur trade deal soon, spokesperson says

Published by Global Banking & Finance Review

Posted on January 5, 2026

1 min read

· Last updated: January 20, 2026

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EU on track for signing of Mercosur trade deal soon, spokesperson says
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BRUSSELS, Jan 5 (Reuters) - Progress towards the signing of the EU-Mercosur trade deal has been made in recent weeks, a spokesperson for the EU Commission said on Monday. "We are on the right track to

EU Progresses Towards Mercosur Trade Deal Signing Soon

BRUSSELS, Jan 5 (Reuters) - Progress towards the signing of the EU-Mercosur trade deal has been made in recent weeks, a spokesperson for the EU Commission said on Monday.

"We are on the right track to envisage a signing of the agreement and we do hope that will take place quite soon," the spokesperson told reporters in Brussels.

(Reporting by Bart Meijer; Editing Benoit Van Overstraeten)

Key Takeaways

  • The EU is making progress on the Mercosur trade deal.
  • A signing of the agreement is expected soon.
  • The EU Commission is optimistic about the timeline.
  • The announcement was made in Brussels.
  • The deal involves significant trade negotiations.

Frequently Asked Questions

What is Mercosur?
Mercosur is a South American trade bloc that includes Argentina, Brazil, Paraguay, and Uruguay, aimed at promoting free trade and economic integration among its member countries.
What are economic benefits?
Economic benefits refer to the advantages gained from economic activities, such as increased trade, job creation, and improved standards of living resulting from trade agreements.
What is a spokesperson?
A spokesperson is an individual who speaks on behalf of an organization or group, providing information and addressing inquiries from the media and the public.

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