Foreign Affairs Committee MEPs welcome Mercosur deal

Statement by the leading MEPs of the Foreign Affairs Committee on the announced conclusion of the negotiations on the EU-Mercosur Partnership Agreement.

The Chair of the Committee on Foreign Affairs David McAllister (EPP, DE), the Chair of the Delegation for relations with Mercosur Evelyn Regner (S&D, AT) and the Committee on Foreign Affairs’ standing rapporteur on Mercosur Francisco José Millán Mon (EPP, ES) made the following statement on Friday, 6 December:

“We welcome the conclusion of the negotiations on the EU-Mercosur Partnership Agreement, which marks a significant milestone in advancing interregional cooperation between the European Union and Mercosur.

Furthermore, it underscores the shared commitment of both regions to fostering closer political, economic and social ties while addressing pressing global challenges such as climate change, sustainable development, and geopolitical realignment.

The strategic alignment between the EU and Mercosur has significant geopolitical value, as it can help the two regions strengthen their collective autonomy and resilience while promoting democracy, sustainability, and multilateralism.

The European Parliament will now analyse the text and will examine it thoroughly. We are looking forward to working on the EU-Mercosur agreement within the context of a comprehensive, balanced, forward-looking, and constructive debate on the concerns as well as the benefits related to it, with a view to ensuring that it delivers tangible results for citizens, businesses, consumers and civil society.”

Next steps

Once concluded, the agreement would undergo a legal review, after which it will be translated into all official EU languages. When these steps are completed, the Commission will present it to the Parliament and EU Member States’ governments for approval. Parliament must give its consent for any international agreement to be concluded and enter into force. The Committee on Foreign Affairs will be responsible for examining the political dialogue and cooperation part of the agreement while the Committee on International Trade will be responsible for the trade part. Subsequently, the plenary would decide whether to approve or reject the agreement.