Finance

Mercosur bloc to sign EU trade deal on January 17

Published by Global Banking & Finance Review

Posted on January 9, 2026

1 min read

· Last updated: January 20, 2026

Add as preferred source on Google
Mercosur bloc to sign EU trade deal on January 17
Global Banking & Finance Awards 2026 — Call for Entries

BUENOS AIRES, Jan 9 (Reuters) - The Mercosur bloc will sign its long-delayed trade agreement with the European Union on January 17, Argentina’s foreign ministry said Friday, marking a breakthrough

Mercosur and EU Set to Finalize Trade Agreement on January 17

Overview of the Mercosur-EU Trade Agreement

BUENOS AIRES, Jan 9 (Reuters) - The Mercosur bloc will sign its long-delayed trade agreement with the European Union on January 17, Argentina’s foreign ministry said Friday, marking a breakthrough after years of negotiations.

Historical Context of Negotiations

"After more than 30 years of negotiations, we will sign on January 17 in Paraguay a historic and most ambitious agreement between both blocs,” Argentine Foreign Minister Pablo Quirno said in a Foreign Ministry statement.

Support from EU Member States

The European Union member states confirmed on Friday that a broad majority support a free trade agreement with South American bloc Mercosur.

Argentina's Role in the Agreement

(Reporting by Lucila Sigal and Lucinda Elliott, Editing by Daina Beth Solomon)

Key Takeaways

  • Mercosur and EU to sign trade deal on January 17.
  • Agreement marks a breakthrough after 30 years of talks.
  • Signing to take place in Paraguay.
  • Broad EU support for the agreement.
  • Argentina played a key role in negotiations.

Frequently Asked Questions

What is Mercosur?
Mercosur, or the Southern Common Market, is a regional trade bloc in South America that includes Argentina, Brazil, Paraguay, and Uruguay, aimed at promoting free trade and economic integration.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category