In the coming hours, President Javier Milei will sign and send the EU-Mercosur agreement to Congress for local ratification. The government aims to proceed despite a judicial review in Europe, with official sources claiming sufficient votes in both chambers.
The announcement comes at a pivotal moment for Argentina's trade policy. Government sources indicate that the executive will push for approval of the trade deal between the European Union and Mercosur, aimed at bolstering economic ties between the blocs. Negotiated over years, the agreement faces hurdles in Europe from a judicial review, but Argentina's government is not halting its domestic process.
The ruling party has voiced confidence in securing the required legislative support. 'We have the numbers for the initiative to pass in both chambers,' stated sources close to the president. This local ratification is a crucial step for Argentina to access export opportunities and tariff reductions outlined in the pact.
The EU-Mercosur agreement marks a milestone for Argentina's regional and global integration, aligning with President Milei's economic opening agenda. Its rollout, however, will hinge on resolving European challenges and achieving consensus in Argentina's Congress.
