In 2025, Argentine exports to the U.S. reached an all-time record high
Exports increased by about 29% and reached USD 8,338 million, surpassing all previous records.
ENENGreen light to the pact that will create the largest free trade zone in the world, with more than 720 million consumers.
EU ha given the final go-ahead for the signing of the free trade agreement with Mercosur, which will be signed on January 17 in Paraguay and is presented by the South American leaders as a historic milestone for multilateralism.
The pact, negotiated for 26 years between the EU and Mercosur (Argentina, Brazil, Paraguay and Uruguay), will create what could be the world's largest free trade zone, with more than 720 million consumers, the world's largest free trade zone, with more than 720 million consumers., after an unsuccessful attempt to sign in December due to additional demands from Italy. The European Council's approval resumes the process, although it still requires ratification by the European Parliament and the national parliaments of the countries involved, and the main remaining obstacles are considered to be on the European side.
Lula da Silva celebrates the agreement as a “historic day for multilateralism” and as a victory of dialogue over protectionism, underlining both the expected boost to trade between blocs and the political message hato the United States. The article recalls that Lula invested strong political capital to soften the environmental demands added by the EU after the Bolsonaro era, and that he bet on closing the agreement in the context of the tariff war initiated by Donald Trump.
Paraguayan President Santiago Peña, who will host the signing, highlights that the agreement links more than 700 million habitantes, accounts for 25% of the world's GDP and moves more than US$100 billion a year in transactions.. At the technical level, thehe EU will eliminate tariffs for 92% exports from Mercosur. and will offer preferential access for another 7.5%, while European exports hato Mercosur are expected to increase by 39% and Mercosur exports hato the EU by 17%, in a context also marked by the growing commercial presence of China and the impact of the capture of Nicolás Maduro by U.S. forces in the region.
El País
