MercoPress. South Atlantic News Agency
Thursday, June 25th 2026 - 22:13 UTC
The agreement's commercial chapter entered provisionally into force on May 1, after more than 25 years of negotiations
The internal distribution of export quotas under the trade agreement between Mercosur and the European Union will dominate much of the debate at the bloc's summit of heads of state, to be held on June 30 in Asunción, where Paraguay will hand over the six-month presidency to Uruguay. The meeting coincides with the 35th anniversary of the Treaty of Asunción, the bloc's founding charter.
The agreement's commercial chapter entered provisionally into force on May 1, after more than 25 years of negotiations, but the founding members —Argentina, Brazil, Paraguay and Uruguay— have yet to agree on what percentage of the preferential quotas granted by Brussels corresponds to each. The most sensitive issue is the beef quota, though the dispute also covers products such as poultry, sugar, honey and rice.
