The Lisboeta

Mercosur: Confagri says the Government's optimism is premature

Monday, 12 January 2026RSS
Mercosur: Confagri says the Government's optimism is premature

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.

AI Summary AvailableFarm group says Mercosur optimism is prematureRead the synthesized summary with context and explainers
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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.