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Europe has chosen the future - Portugal is ready to lead it

Friday, 16 January 2026RSS
Europe has chosen the future - Portugal is ready to lead it

Home Portugal Europe has chosen the future - Portugal is ready to lead it Europe has chosen the future - Portugal is ready to lead it For almost thirty years, the agreement between the European Union and Mercosur was a project postponed, discussed, contested and, by many, considered impossible.

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Context & Explainers

What is Mercosur?

Mercosur is the South American trade bloc (Southern Common Market) whose main founding members are Argentina, Brazil, Paraguay and Uruguay. An EU–Mercosur trade agreement — which the story says may be approved and signed soon — would reduce tariffs and open markets on both sides, affecting agricultural and industrial trade flows and therefore prices and business opportunities relevant to residents and companies in Portugal.