# Mercosur

Type: organization

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/mercosur
Canonical HTML page: https://getfinancebrief.com/entity/mercosur

## Timeline

- **2026-03-17**: Paraguay Approval — Paraguay's Chamber of Deputies provides the final founding member vote needed for the bloc.
- **2026-03-05**: Brazil and Argentina — Major bloc economies complete their respective ratification processes.
- **2026-02-21**: Rare Earths MoU — India and Brazil sign the landmark critical minerals pact in New Delhi.
- **2026-02**: Uruguay Ratifies — Uruguay becomes the first Mercosur nation to ratify the agreement.
- **2026-01-15**: Aerospace Partnership — Embraer and Adani Group announce plans to build aircraft in India.
- **2025-01-01**: Trade Headwinds — Both nations hit by US tariffs, prompting calls for stronger Global South cooperation.
- **2024-07-01**: Initial Trade Target — Modi and Lula set an initial $20 billion bilateral trade target in Brasilia.
- **1999**: Negotiations Begin — The EU and Mercosur start formal talks for a free trade agreement.

## Recent coverage (3 stories)

### Paraguay Ratifies Mercosur-EU Deal, Completing South American Approval
2026-03-18 02:13:47 · Sentiment: Bullish · Impact: 8/10 · Sources: 2

Paraguay's lower house has unanimously ratified the free trade agreement between Mercosur and the European Union, making it the final founding member of the bloc to do so. The landmark deal, 25 years in the making, aims to integrate markets representing 25% of global GDP and over 700 million people.
Full story: https://getfinancebrief.com/story/paraguay-ratifies-mercosur-eu-trade-deal

### India and Brazil Target $30 Billion in Bilateral Trade by 2030
2026-02-22 02:17:48 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

India and Brazil have established an ambitious roadmap to double their bilateral trade to $30 billion by 2030. This strategic pivot aims to diversify economic ties beyond traditional commodities into high-growth sectors like defense, renewable energy, and digital technology.
Full story: https://getfinancebrief.com/story/india-brazil-trade-target-2030

### India and Brazil Ink Critical Minerals Pact to Break China's Supply Chain Grip
2026-02-22 00:35:05 · Sentiment: Bullish · Impact: 7/10 · Sources: 4

India and Brazil have signed a landmark memorandum of understanding on rare earths and critical minerals, aiming to secure resilient supply chains and reduce a 90% import dependency on China. The partnership marks a strategic pivot for the Global South toward resource independence, advanced technology cooperation, and a $30 billion bilateral trade target.
Full story: https://getfinancebrief.com/story/india-brazil-critical-minerals-rare-earths-deal

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