The trade agreement between the European Union and Mercosur began to take effect provisionally, marking a turning point after more than 25 years of negotiations.
For Argentina, the beginning of this phase represents a concrete opportunity for export expansion, investment and growth, in line with the strategy of economic opening promoted by the government of Javier Milei.
A market of 700 million people
The agreement creates one of the largest commercial spaces in the world.
Among its key points:
Elimination of more than 90% of tariffs
Integration of markets between Europe and South America
Progressive application by sector
The implementation will be gradual, with deadlines of between 7 and 18 years depending on
the product.What changes from today for Argentina
Since the entry into force:
Several Argentine products begin to be exported with a 0% tariff
Others start progressive reduction schemes New export quotas are
enabled
Among the main benefits:
Peanuts, legumes and oils are already entering tariff-free
Soy and derivatives drop from 6% to 0% Citrus fruits and wines will have progressive access This directly improves the
Argentinian competitiveness vis-a-vis other global exporters
.Agribusiness: the main driver of the agreement
Thesectors most benefited will be:
Beef Meat Poultry
Soybean Complex
Peanuts
and regional economies
The beef quota, for example, will allow 99,000 tons to be exported
annually with a preferential tariff.Investments: the Milei effect
The agreement not only impacts trade, but also
investment.According to private estimates:
Exports could grow 79% by 2030
