Germany backed EU-Mercosur agreement during official Argentina visit

German Federal Foreign Minister Johann Wadephul visited Buenos Aires to strengthen bilateral cooperation and the European Union-Mercosur agreement.

Wadephul held meetings with Argentine authorities and took part in an event organized by the German Embassy in Argentina. The official noted that the EU-Mercosur agreement offers an opportunity to expand trade and investments between the two regions.

The agenda included progress on a memorandum of understanding on critical minerals such as lithium, copper and uranium. Germany seeks to diversify supply of these resources amid geopolitical tensions.

The visit formed part of a South American tour and served to reaffirm historical ties between the two countries in areas such as technological innovation and industrial development.

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The South American trade bloc Mercosur has started negotiations with Japan for an economic partnership agreement. The announcement came during a leaders summit in Asuncion. It follows Mercosur's recent free-trade deal with the European Union.

Ti AI ṣe iroyin

Following Brazil's congressional ratification, President Luiz Inácio Lula da Silva signed the decree promulgating the EU-Mercosur free trade agreement on April 28, 2026, paving the way for provisional effect from May 1. At the ceremony, Lula highlighted multilateralism amid global tensions and announced submission of Mercosur-Singapore and Mercosur-EFTA deals to Congress.

China's vice-minister of commerce Ling Ji said Thursday that the country is prepared to increase imports from Germany and the rest of Europe, citing complementary economic ties.

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