Paraguay Signs EU–Mercosur Pact, Finalizing Bloc's Unified Trade Agreement

March 18, 2026
Paraguay Signs EU–Mercosur Pact, Finalizing Bloc's Unified Trade Agreement
  • Paraguay has formally joined the EU–Mercosur free trade pact, following rapid ratifications by Brazil, Argentina, and Uruguay, and becomes the last of Mercosur’s founders to sign on.

  • The unanimous ratification by Paraguay’s Chamber of Deputies completes the treaty’s entry into force for all four Mercosur founding members and marks Paraguay as the final adopter from the bloc.

  • Paraguay’s Chamber of Deputies unanimously approved the agreement after a nine-hour session, sending it to President Santiago Peña for signature.

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Summary based on 10 sources


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