COGNICURRENT

Lithuanian Minister Kęstutis Budrys is set to participate in an informal EU Trade Council meeting in Cyprus, focusing on EU-China trade relations and supply issues essential for Europe’s manufacturing.

K. Budrys travels to Cyprus to participate in a meeting of EU trade ministers focusing on various trade issues involving China and critical mineral supplies.

Morocco’s Foreign Minister Nasser Bourita attended the 15th EU Association Council meeting in Brussels to discuss various political, economic, and trade issues while reaffirming commitment to the EU-Morocco Association Agreement.

The EU Council has officially approved the EU-Mercosur agreement, marking a significant step forward after 25 years of negotiations, with the signing process expected to proceed swiftly.

The ambassadors of the 27 EU member states have given the green light for the Mercosur Agreement, which could be signed in Paraguay as early as Monday following over 25 years of negotiations.

The EU Council has approved the trade pact with Mercosur, paving the way for the largest trade agreement in the EU amid the retreat of the US.

The article discusses the changes in the EU Council that facilitated a free trade agreement with Mercosur, the critical compromise regarding agricultural support for Italy, France's maneuvers in trade negotiations, concessions offered by the European Commission to EU farmers, and the geopolitical and economic motivations of Latin America for entering the agreement with the EU as well as potential challenges in its ratification.