31/07/2026
The EU-MERCOSUR trade agreement is an international deal steeped in controversy that took more than 25 years to sort out. The deal creates a new preferential trade system for the importation of MERCOSUR agricultural products which will directly compete with pricier and highly regulated European goods. In addition, European farmers could never match the scale of production of Latin American farms that may use forbidden or cheaper pesticides and fertilisers. On Feb. 27, 2026 EU Commission President Ursula von der Leyen announced the provisional application of the trade part of the MERCOSUR agreement.
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