Published by Global Banking and Finance Review
Posted on January 5, 2026
Published by Global Banking and Finance Review
Posted on January 5, 2026
BRUSSELS, Jan 5 (Reuters) - Progress towards the signing of the EU-Mercosur trade deal has been made in recent weeks, a spokesperson for the EU Commission said on Monday.
"We are on the right track to envisage a signing of the agreement and we do hope that will take place quite soon," the spokesperson told reporters in Brussels.
(Reporting by Bart Meijer; Editing Benoit Van Overstraeten)
Mercosur is a South American trade bloc that includes Argentina, Brazil, Paraguay, and Uruguay, aimed at promoting free trade and economic integration among its member countries.
Economic benefits refer to the advantages gained from economic activities, such as increased trade, job creation, and improved standards of living resulting from trade agreements.
A spokesperson is an individual who speaks on behalf of an organization or group, providing information and addressing inquiries from the media and the public.
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