Checkmate or setback: the Mercosur Agreement

Saturday, 31 January 2026RSS
Checkmate or setback: the Mercosur Agreement

Sectors such as olive oil, wine and fruit expect significant benefits, but small and medium-sized producers of cereals, meat and honey will face direct and disproportionate competition.

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.

View full article on Observador

RSS source