INTERNATIONAL REGULATORY ROUND UP – EU-MERCOSUR DEAL MAY BE SEALED IN 2023

The European Union (EU) may this year complete a long-negotiated trade agreement with the South American Mercosur bloc, including major knitwear manufacturer Brazil and wool exporter Argentina. EU trade Commissioner Valdis Dombrovskis has said the ratification of a deal that was agreed in principle in 2019 should move a step closer "relatively soon". With centre-left President Luiz Inácio Lula da Silva taking office in Brazil on January 1 and Argentina facing a general election in October, the EU thinks there is a political window to tie up a deal this year. ...


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