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Provisional application of Mercosur trade deal announced by EU (update*)

By Oscar Pandiello ( February 27, 2026, 10:56 GMT | Insight) -- The EU-Mercosur trade agreement will be provisionally applied, after the European Commission published the text in its Official Journal on Friday, following ratification by Uruguay and Argentina. The move activates the deal’s market-access provisions, including tariff cuts. The European Parliament has yet to hold its consent vote, which could take up to two years. Full conclusion of the agreement still depends on lawmakers’ approval.The EU-Mercosur trade agreement will be applied provisionally, after the European Commission published the text in the bloc’s Official Journal on Friday morning....

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