European Union and Mercosur countries strike a long-sought Free Trade Agreement
Wednesday, July 3, 2019 - 09:20English
After almost two-decades of complicated negotiations, the EU and the Mercosur countries (Brazil, Argentina, Uruguay and Paraguay) have signed a far-reaching, comprehensive Trade Agreement on Friday, June 28th. Brazilian President Jair Bolsonaro has described the deal as a “historic agreement” while EU Commission President Jean-Claude Junker has declared it the most substantial Trade Agreement the European Union has ever concluded. The CEC, which has followed and contributed regularly to the negotiations, is satisfied with the trade opportunities that this deal will provide to EU footwear companies.