Overview

• The Commission sent the finalized treaty texts to EU governments and the European Parliament, formally launching the bloc’s final internal approval process with a goal of sign-off by year-end.
• The agreement would establish one of the world’s largest free‑trade zones and is presented as a political signal against U.S. President Donald Trump’s protectionist tariff policy.
• The Commission estimates EU exports to South America could rise by up to 39%—about €49 billion annually—supporting more than 440,000 jobs in Europe.
• Key beneficiaries cited include the automobile, machinery and pharmaceutical sectors, with current car imports into Mercosur facing about 35% tariffs.
• Opposition remains in several member states, notably France and Poland, over agriculture and standards, while the Commission points to safeguards and a separate legal act detailing how such measures would be triggered.