ISDS Case Map
Mercosur
Environmental safeguards within the agreement, which were already insufficient even before COVID-19, have now made the document outdated.
Action would come in the face of the neighboring country's announcement that it will abandon negotiations on the organization's agreements.
Singapore said that it is in contact with South American bloc Mercosur after a member state pulled out of talks on new free trade agreements (FTAs) that the group is negotiating beyond the region.
Argentina has decided to withdraw from ongoing trade negotiations with regional bloc Mercosur as it turns its focus on the growing economic crisis at home.
Mercosur is negotiating with South Korea, Canada and Singapore, while Indonesia and Vietnam are possible candidates. Plus, a deal with the European Free Trade Association is in its final stages.
Lebanon is only a few steps away from signing a free trade agreement with Mercosur countries, the Uruguayan ambassador to Lebanon said
South Korea held the fifth round of free trade talks with a group of South American countries, including Brazil, with a goal of striking the deal this year.
The Walloon parliament has voted unanimously in favour of a motion critical of the trade pact agreed between the European Union and the Mercosur countries.
Mexico is negotiating with Brazil to expand economic cooperation and believes it can find areas of mutual benefit even though the Brazilian economy is “very closed,” Economy Minister said.
Brazil will seek to strike a Mercosur-United Kingdom trade deal post Brexit that could be similar to the trade agreement signed between the South American bloc and the European Union.
