28/01/2025
Opportunities for European and Latin American trading companies through the new EU-Mercosur agreement
After 25 years of intensive negotiations, the free trade agreement between the EU and the so-called Mercosur states of Brazil, Argentina, Uruguay and Paraguay was finally concluded recently. This creates one of the largest free trade zones in the world with over 700 million people - a milestone for international trade relations.
What does this mean for companies in the EU and Latin America?
🌍 Economic advantages: The elimination of customs duties and the simplification of trade procedures enable cost reductions and new export opportunities to the Mercosur region.
🌱 Focus on sustainability: Strict EU regulations remain in place and open up space for sustainable innovations and business ideas.
⚖️ Geopolitical stability: Stronger economic ties reduce dependencies and strengthen planning security.
Alongside the USA, Africa and South and East Asia, Latin America is one of Schütte & Bünemann's main sales markets - and we see the agreement as a great opportunity to further strengthen and expand our economic relationships.