After 25 years of negotiation, the Mercosur-EU agreement takes effect this Friday. The association agreement between Mercosur and the European Union (EU) enters provisionally into force on Friday May 1, after more than a quarter-century of negotiations, in what constitutes one of the world's most ambitious trade deals and the largest reciprocal opening ever finalised by the South American bloc. The final signing took place on January 17 in Asunción and, although final ratification by the European Court of Justice and subsequent approval by the European Parliament remain pending, provisional entry into force allows the immediate start of tariff reductions covering 95% of Mercosur products and 91% of EU products.
💡 Contesto politico
🇬🇧L'articolo intreccia attori istituzionali, vincoli di bilancio e scelte di consenso. La chiave di lettura e' capire chi decide, con quali tempi, con quali risorse e con quali effetti concreti sui lettori. In questo articolo conta perche' aiuta a leggere meglio mercati and imprese, chiarisce chi decide e rende piu' comprensibili effetti pratici, tempi e vincoli citati nel pezzo.
