Latest news and stories about mercosur agreement in Portugal for expats and residents.
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Home News Portuguese agency adapting to Mercosur Agreement Portuguese agency adapting to Mercosur Agreement AICEP (the Agency for Investment and Foreign Trade of Portugal) has released a strategic study detailing business opportunities for Portuguese companies under the EU-Mercosur Partnership Ag
The Mercosur agreement with the European Union has come into effect after over twenty years of negotiations, presenting significant trade opportunities for Portugal and Brazil. Key benefits include lower tariffs, reduced bureaucracy, expanded access to the agri-food market, enhanced service opportunities, better conditions for public procurement, improved brand protection, integrated production chains, attraction of Brazilian investment to Portugal, increased regulatory stability, and strategic market positioning. This agreement not only facilitates trade but also positions Portugal as a vital Atlantic business platform, leveraging its historical ties and language advantages with Brazil.
The President of the European Council believes the agreement “will help both blocs navigate an increasingly turbulent geopolitical environment”.
The presidential candidate said that “the agreement with Mercosur is not favourable to Portugal overall”.
The Commission summoned the ministers of Agriculture to an 'extraordinary' meeting 48 hours before a crucial vote to conclude the Mercosur legislative process.
