The EU-CELAC Summit in Brussels: New Horizons or New Geopolitical Schemes?

..., although Brazil accounts for 75% of the exports of Mercosur member countries to the European market, while the share of Mercosur exports is about half of LAC countries' total exports to the European market. However, the final declaration of the EU-CELAC Summit, as well as a number of earlier declarations and communiqués, expressed hope that the EU-Mercosur trade agreement will be signed as soon as possible. There is little doubt that the European Union, just as the US, would also like the Pacific Alliance rather than Mercosur to lead integration processes in Latin America and the Caribbean, and ...