Pressured by friendshoring trends and by a faltering Mercosul, Brazil and Mexico see window of opportunity to establish new and revise existing trade agreements. Under the shadow of a new Trump presidency, Latin America trade might see new life with Brazil – Mexico relationship.
After losing its window of opportunity to close the deal in December 2023 and with EU farmers’ protests taking over Europe, the EU-Mercosur agreement is suffering a new major setback. The slow integration process within Mercosur and the increasing rivalries and criticism within it are also influencing the outcome at the negotiating table. How does the deal’s future look like?
An article looking at Bolivia’s push for BRICS membership, owing to developments in the country’s lithium sector, which is expected to see a huge boost in production numbers.
In a regional context that is increasingly plagued by political and economic tensions, as a result in part of the new configurations of the international system, what could be the roadmap for regional integration in face of interstate fragmentation?
Although Mercosur might have had some important economic victories during its 31st year of existence, the truth is that the bloc is still entangled with too much infighting and bad blood. Mercosur is due for a major overhaul if it wants to regain its relevancy.
