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Mercosur, Mexico landmark trade deals proposed for adoption in EU

( September 3, 2025, 11:41 GMT | Official Statement) -- MLex Summary: The European Commission said today that it has submitted its proposals for the EU-Mercosur Partnership Agreement and the EU-Mexico Modernized Global Agreement to the Council of the EU for its signature. The Mercosur deal would create the world's largest free trade zone, making it easier for EU companies to invest in key supply chains, including raw materials and related goods, the trade regulator said. The agreement with Mexico would secure important access to critical raw materials. Both deals require separate approval by the European Parliament and EU countries before they can enter into force.Statement follows. A Q&A, the two decisions and a bilateral safeguard document are attached. ...

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