“We are ready to sign the agreement with the EU,” Lula said on Wednesday after receiving Sánchez at the Planalto. “We are going to sign that agreement for the good of America, for the good of the Mercosur and for the good of the European Union. We have reached a situation where we need it politically, economically and geographically,” he listed.
The free trade agreement between the EU and Mercosur entered a new impasse due to the elections for the European Comission. Besides, France opposes signing the free trade agreement, amid protests by farmers who reject it. Germanyon the other hand, advocates achieving it.
Sánchez said that the invasion of Ukraine and the confrontation with Russia has made the agreement even more necessary for the European bloc. “Europe after the war in Ukraine has learned the lesson that it must seek new allies and diversify its political and commercial relations,” she noted.
For the Spanish ruler, the treaty with Mercosur Not only would it create the largest free trade area in the world, but it would also unite two blocs with “similarities” in their visions on democracy and the fight against terrorism. climate change. “It would be a change even in the global geopolitics“he stressed.
In his first visit to Brazil, Latin America’s largest economy since he came to power in 2018, Sánchez met with congressional leaders and then traveled to Sao Paulo to attend a business forum. Spain is the second largest investor in Brazil, with a volume of 59 billion dollars, according to Brasilia.
Source: Ambito
