Argentine Leader Expects Mercosur, EU to Close Trade Deal Soon - Bloomberg

Argentine Leader Expects Mercosur, EU to Close Trade Deal Soon

  • President Fernandez spoke alongside Germany’s chancellor
  • Parties discussed energy, trade, climate change and the war

Alberto Fernandez

Photographer: Benjamin Girette/Bloomberg
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The Mercosur trade group and the European Union will reach a trade agreement soon, Argentine President Alberto Fernandez said Saturday in Buenos Aires, during German Chancellor Olaf Scholz’s visit to the South American nation.

The trade bloc, which also consists of Brazil, Paraguay and Uruguay, is keen to finalize the long-negotiated deal, Fernandez said, adding that he has spoken to his Brazilian counterpart Luiz Inacio Lula da Silva about the matter. Scholz echoed the expectation, saying that specific topics that still need to be discussed should be resolved in the near future.