EU and Mercosur states reached political agreement for trade agreement – Brexit explained

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Today I want to give you some comments on the trade agreement negotiations between the Eu and the Mercosur States.

The European Union and Mercosur states – Argentina, Brazil Paraguay and Uruguay – reached on June 28th in 2019 a political agreement for an ambitious, balanced and comprehensive trade agreement.

The EU is Mercosur’s number one trade and investment partner. EU exports to Mercosur were €41bn in goods in 2019 and €21bn in services in 2018.

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