SITUATION REPORT

EU, Mercosur: Italy Ready To Back EU-Mercosur Trade Deal, Clearing Way for Ratification

Jan 5, 2026 | 17:51 GMT

Italy plans to support the EU-Mercosur free trade agreement, reversing its earlier position ahead of an EU ambassadors' vote on Jan. 9, which would clear the way for the European Union to sign the accord with Brazil, Argentina, Uruguay and Paraguay on Jan. 12, Bloomberg reported on Jan. 5, citing sources close to the negotiations....

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