A representative of the agricultural sector says Europe and South America can only 'compete on an equal footing' if there is rigorous enforcement of the rules imposed by the trade agreement.
Mercosur: Confagri says the Government's optimism is premature
Monday, 12 January 2026RSS
Context & Explainers
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.
