MERCOSUR: EU-Mercosur announced finalised negotiations of EU-Mercosur Partnership Agreement

On 5 December 2024, the European Commission and the Mercosur countries reached a political agreement, thus finalising negotiations on the EU–Mercosur partnership agreement, which includes provisions supporting the fair green and digital transition. The agreement will establish a free trade zone encompassing over 700 million consumers. EMPA includes provisions on e-commerce, covering electronic contracts and signatures, the removal of customs duties on digital transmissions, the prohibition of prior authorisations for online services, and measures to promote consumer protection and cooperation on digital regulation.