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Relations between the European Union and Mercosur were established soon after the entry into force of the latter bloc. Being both the European Union (EU) and the Southern Common Market (Mercosur) custom unions, their relation has been however described as "asymmetrical", both in terms of their contrasting stage of economic development and degree of institutionalization. The 'EU-Mercosur Inter-regional Framework for Co-operation Agreement' was signed on 15 December 1995 in Madrid, dealing with trade, economics and information exchange between the two blocs. Despite the framework being a preliminary stage for trade liberalization, by 1998 most agricultural ministers in the EU member states still opposed starting negotiations with Mercosur. The framework fully entered into force on 1 July 199

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  • Relations between the European Union and Mercosur were established soon after the entry into force of the latter bloc. Being both the European Union (EU) and the Southern Common Market (Mercosur) custom unions, their relation has been however described as "asymmetrical", both in terms of their contrasting stage of economic development and degree of institutionalization. The 'EU-Mercosur Inter-regional Framework for Co-operation Agreement' was signed on 15 December 1995 in Madrid, dealing with trade, economics and information exchange between the two blocs. Despite the framework being a preliminary stage for trade liberalization, by 1998 most agricultural ministers in the EU member states still opposed starting negotiations with Mercosur. The framework fully entered into force on 1 July 1999. In June 2019, in the context of the 2019 G20 Osaka summit, representatives of both blocs announced they had reached an "historic" agreement vis-à-vis a free trade treaty. If ratified, the European Union–Mercosur Free Trade Agreement should become the first free trade treaty signed by Mercosur with a major trade bloc, in this case the EU was at the time its biggest trade and investment partner. (en)
  • Les relations entre le marché commun du Sud et l'Union européenne se développent rapidement après l'entrée en vigueur du Mercosur le 1er décembre 1995. (fr)
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  • Les relations entre le marché commun du Sud et l'Union européenne se développent rapidement après l'entrée en vigueur du Mercosur le 1er décembre 1995. (fr)
  • Relations between the European Union and Mercosur were established soon after the entry into force of the latter bloc. Being both the European Union (EU) and the Southern Common Market (Mercosur) custom unions, their relation has been however described as "asymmetrical", both in terms of their contrasting stage of economic development and degree of institutionalization. The 'EU-Mercosur Inter-regional Framework for Co-operation Agreement' was signed on 15 December 1995 in Madrid, dealing with trade, economics and information exchange between the two blocs. Despite the framework being a preliminary stage for trade liberalization, by 1998 most agricultural ministers in the EU member states still opposed starting negotiations with Mercosur. The framework fully entered into force on 1 July 199 (en)
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  • European Union–Mercosur relations (en)
  • Relations entre le Marché commun du Sud et l'Union européenne (fr)
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