Finance
Clear interest that Mercosur trade deal benefits apply quickly -Commission
Published by Global Banking and Finance Review
Posted on January 23, 2026
1 min readLast updated: January 23, 2026
Quick Summary
EU leaders push for the Mercosur trade deal's swift application despite legal reviews, highlighting its benefits and readiness to act.
EU Leaders Push for Swift Implementation of Mercosur Trade Deal
EU's Stance on Mercosur Trade Deal
BRUSSELS, Jan 23 (Reuters) - European Union leaders want the trade deal signed with Mercosur countries to apply provisionally despite a European Parliament decision to ask the EU's top court if it is in line with EU treaties, European Commission head Ursula von der Leyen said.
Provisional Application Discussion
"Where Mercosur is concerned... the question of provisional application was raised by several leaders tonight ... and there is a clear interest that we ensure that the benefits of this important agreement apply as soon as possible," von der Leyen told a news conference.
Next Steps for Mercosur Countries
"We have not taken a decision yet. A decision would only be needed at a stage when one country of Mercosur, or more countries of Mercosur have completed their procedures. So we will be ready when they are ready," she said.
(Reporting by Jan Strupczewski, Andrew Gray and Bart Meijer)
Key Takeaways
- •EU leaders want the Mercosur trade deal to apply provisionally.
- •The European Parliament seeks a legal review of the deal.
- •Ursula von der Leyen emphasizes the deal's benefits.
- •Provisional application depends on Mercosur countries' readiness.
- •The EU is prepared to act once Mercosur countries complete procedures.
Frequently Asked Questions about Clear interest that Mercosur trade deal benefits apply quickly -Commission
1What is provisional application?
Provisional application refers to the temporary implementation of an agreement before it is formally ratified by all parties involved.
2What are economic benefits?
Economic benefits refer to the positive financial impacts that result from an agreement, such as increased trade, job creation, and growth in GDP.
