The Lisboeta

Costa defends Mercosur, rejects European criticism

Saturday, 17 January 2026AI summary
Costa defends Mercosur, rejects European criticism

Portuguese Prime Minister António Costa defended the EU–Mercosur agreement as a historic deal and rejected European criticism as based on a “totally wrong perception”. Costa framed the pact as both a trade and an investment agreement, arguing it does not simply favour Europe. His remarks come after the 27 EU member states reached a qualified majority to approve the accord; Brazil’s president Jair Bolsonaro? No — the content states Brazil’s president Luiz Inácio Lula da Silva will not attend the signing ceremony in Paraguay as the long-delayed pact moves into the ratification phase in Europe.

Update: Diário de Notícias reports that António Costa will attend the signing ceremony in Asunción and reiterated that concerns about farmers’ opposition are misplaced, saying the agreement includes safeguards for European agriculture.

Update 2: Additional coverage quotes Costa saying criticisms rest on a “completely wrong perception” and using the image of the EU and Mercosur “building bridges” rather than raising barriers; RTP and Expresso note he continues to portray the pact as both trade and investment, emphasising expected benefits for Portuguese exporters.

Context & Explainers

Who is António Costa?
  • President of the European Council (since Dec 2024)
  • Former Prime Minister of Portugal (November 2015 – April 2024)
  • Party: Socialist Party (PS) Partido Socialista
  • He is of Portuguese and Indian (Goan) descent

António Luís Santos da Costa (born July 17, 1961, in Lisbon) is a Portuguese lawyer and Socialist politician who served as Prime Minister of Portugal from 2015-2024 and currently serves as President of the European Council since December 1, 2024. After leading the Lisbon Municipal Assembly and practicing law, he was elected MEP (2004-2005) and entered parliament in 2002. He led the Socialist Party from 2014-2024, building unprecedented parliamentary coalitions with the Communist Party and Left Bloc (2015-2019) before winning an absolute majority in 2022. He resigned as PM in November 2023 following a corruption investigation, though subsequently cleared. The 27 EU member states elected him Council President in June 2024, making him the fourth full-time President and the first southern European socialist in that role. ​

Political Philosophy:

Costa represents moderate European social democracy, combining orthodox fiscal responsibility with progressive social investment. He prioritizes European integration, consensus-building, and pragmatic compromise over ideological confrontation. As Council President, he champions mediation between member states, improved EU inter-institutional relations, shorter decision-making processes, and regular visits to every EU capital to reconnect citizens with European institutions. His approach emphasizes "creative bridges" reconciling divergent interests while maintaining firmness on European values, particularly regarding Ukraine.

What is the European Council?

The European Council (Conselho Europeu) brings together EU heads of state or government to set the bloc’s overall political direction and priorities; it does not adopt ordinary legislation. Its president, Charles Michel, has chaired meetings since December 2019, and the Council’s political endorsement is important for major trade and investment deals, so those following EU policy should note its stance on agreements like the EU–Mercosur deal.

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.

What is RTP?

RTP (Rádio e Televisão de Portugal) is Portugal's state-owned public service broadcaster, operating since 1935 (radio) and 1957 (television). It runs 8 television channels (including RTP1, RTP2, RTP3) and 7 radio stations (Antena 1, 2, 3), plus international services reaching Portuguese diaspora worldwide. Funded by a broadcasting tax on electricity bills and advertising revenue, RTP serves as Portugal's cultural reference, providing quality news, education, and entertainment. Its archive represents "irreplaceable heritage in Portuguese collective memory", and it pioneered online streaming with RTP Play in 2011. RTP connects "Portugal and the Portuguese to themselves, to each other, and to the world"

Sources (12)

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