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    1. Home
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    3. >Brazil lower house approves EU-Mercosur free trade deal
    Finance

    Brazil lower house approves EU-Mercosur free trade deal

    Published by Global Banking & Finance Review®

    Posted on February 25, 2026

    1 min read

    Last updated: February 25, 2026

    Brazil lower house approves EU-Mercosur free trade deal - Finance news and analysis from Global Banking & Finance Review
    Tags:International tradeEuropean Unionemerging markets

    Quick Summary

    Brazil’s lower house approved the EU-Mercosur trade deal on Feb 25, 2026, sending it to the Senate. Final ratification by Mercosur members is still needed before the pact can take effect.

    Table of Contents

    • Brazil’s Lower House Vote
    • Deal Overview and Ratification Path
    • 25 Years of Negotiations
    • Mercosur Member Approvals
    • Reporting Credit

    Brazil’s Lower House Backs EU-Mercosur Free Trade Pact After 25 Years

    Brazil’s Lower House Vote

    Deal Overview and Ratification Path

    SAO PAULO, Feb 25 (Reuters) - Brazil's lower house on Wednesday approved the recently signed free trade agreement between the European Union and the South American bloc Mercosur, pending a green light from the Senate to ensure the country's full endorsement of the deal.

    25 Years of Negotiations

    Mercosur Member Approvals

    The approval by the legislatures of Mercosur's members - Argentina, Brazil, Paraguay and Uruguay - is a necessary step for the trade accord to take effect after 25 years of negotiations.

    Reporting Credit

    (Reporting by Fernando Cardoso)

    Key Takeaways

    • •Brazil’s Chamber of Deputies approved the EU-Mercosur agreement on Feb 25, 2026, moving the text to the Senate.
    • •The trade pact follows 25 years of negotiations and was signed in January 2026.
    • •Ratification by all Mercosur member legislatures is required before the accord can take effect.
    • •The agreement aims to lower tariffs and expand trade between the EU and Mercosur economies.
    • •Today’s vote is a key step toward Brazil’s full endorsement of the deal.

    Frequently Asked Questions about Brazil lower house approves EU-Mercosur free trade deal

    1What is the main topic?

    Brazil’s lower house approved the EU-Mercosur trade agreement, advancing the pact to the Senate. It marks progress toward implementing a long-negotiated free trade deal.

    2What happens next in Brazil?

    The Senate will review and vote on the agreement. If approved, Brazil’s endorsement moves forward, but the pact still needs ratification across all Mercosur members.

    3Which countries must ratify the deal in Mercosur?

    Argentina, Brazil, Paraguay and Uruguay must ratify the agreement through their legislatures before it can take effect.

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