A letter was read at the end of the Social Summit in Rio, highlighting the defense and strengthening of democracy, regional integration, respect for minorities, the fight against discrimination, sustainable development, environmental preservation, family farming, and the fight against hunger.
Representatives of society discussed the agreement with the European Union at Rio’s Museum of Tomorrow on Monday, the first day of the event. The text of the deal, drafted in 2019 after over 20 years of talks, was considered unfair and unequal.
Lula emphasized that the absence of a trade agreement is not due to a lack of willingness on the part of South Americans but rather results from European protectionism.
Mercosur should sign an extra-regional agreement with the Asian country next week, during the bloc’s 63rd summit, to be held in Rio Dec. 4 to 7. The country is Brazil’s second largest trading partner in Asia.
Although Milei initially advocated for Argentina's departure from the economic bloc during his campaign, he later shifted his stance to only proposing changes.