What is happening between Mercosur and Canada? After more than a decade of stalled talks, the Mercosur countries (Argentina, Brazil, Paraguay, and Uruguay) and Canada announced in September 2025 the formal resumption of negotiations for a free trade agreement. The decision was confirmed at a meeting between representatives of the two blocs during the United Nations General Assembly in New York and represents a strategic step toward strengthening economic ties between South and North America. This move is not just symbolic: it could pave the way for one of the largest trade agreements in the South American region in recent years, with direct impacts on the economies of millions of people—from farmers to small business owners. Why does this agreement matter? A free trade agreement between Mercosur and Canada has the potential to eliminate or reduce tariffs on thousands of products, facilitate investment, increase business competitiveness, and generate new job opportunities. For ord...
Mercosur: Brazil assumes presidency of Mercosur with new agenda of integration and economic growth**
In a diplomatic transfer that reinforces Brazil’s role in Latin America, President Luiz Inácio Lula da Silva recently traveled to Buenos Aires, Argentina, where he officially assumed the temporary presidency of Mercosur. The ceremony marked another important stage in the history of regional integration, highlighting Brazil’s efforts to promote economic cooperation, trade facilitation, and stronger ties among member countries. Brazil assumes the presidency of Mercosur at a strategic moment, both for the bloc and for the national economy. After years of political and institutional instability, the group formed by Brazil, Argentina, Uruguay, and Paraguay seeks to regain relevance on the international stage, especially in the face of growing global competition for trade agreements and strategic partnerships. What is Mercosur and Why is it Important? Mercosur (Southern Common Market) is an economic bloc created in 1991 with the goal of economically and politically integra...