In a world of giants, the EU and Mercosur together represent just 10% of the world’s population and 20% of global GDP. If either wants to wield global influence, it needs the other, making the EU-Mercosur trade agreement a strategic imperative.
BRUSSELS – In the more dangerous and unpredictable multipolar world in which we now live, trade relations remain of seminal importance. But they cannot be separated from geopolitics. Many Europeans long believed that they could be, but Russia’s war of aggression against Ukraine has highlighted the risks raised by the European Union’s dependence on Russian gas and shown us that this approach is no longer tenable.
BRUSSELS – In the more dangerous and unpredictable multipolar world in which we now live, trade relations remain of seminal importance. But they cannot be separated from geopolitics. Many Europeans long believed that they could be, but Russia’s war of aggression against Ukraine has highlighted the risks raised by the European Union’s dependence on Russian gas and shown us that this approach is no longer tenable.