EU-Mercosur Trade Agreement – Now is the time
Documents
Foreword
European industry – from textiles to ceramics, from automotive to services – has one, unified message: the EU-Mercosur trade agreement is essential. In an era marked by profound geopolitical uncertainty, it is vital that Europe reaffirms its commitment to open, rules-based trade. Now more than ever, our ability to remain competitive, resilient, and create new opportunities for European business hinges on deepening strategic alliances with our global partners. The EU-Mercosur trade agreement embodies this vision and goes even further.
This agreement is not simply a trade deal – it is a tangible and forward-looking instrument for growth and a strategic investment in securing Europe’s future. It will eliminate billions in tariffs, create opportunities in a high-potential market of over 750 million consumers, improve access to crucial raw materials, and promote fair and rules-based trade.
With this publication, BusinessEurope wants to contribute to a constructive dialogue by providing data, facts and examples of how the EU-Mercosur agreement will directly benefit European business, citizens, and society at large. It sets out in practical terms how this deal contributes not just to improving headline economic indicators, but also to achieving broader societal goals such as sustainable development and digitalisation. It also outlines how the agreement will enhance the resilience of supply chains, consumer access to quality products, and the international competitiveness of our SMEs. The deal strengthens the EU’s role in global supply chains, particularly in securing critical raw materials vital for our green and digital transitions. It reduces costs, enhances predictability, and deepens cooperation on standards, all of which are fundamental for Europe’s competitiveness and future.
We are at a crossroads and Europe cannot afford to be hesitant. As global competitors move swiftly to secure influence and market access, the EU must not squander this first-mover advantage. This agreement is a concrete step towards a more autonomous, prosperous, and secure European economy.
On behalf of BusinessEurope and our members, we call on decision-makers to seize this golden opportunity and to finalise and implement the EU-Mercosur Agreement without delay. Let us demonstrate that Europe can lead with ambition, openness, and confidence in its global economic leadership. The time is now!