Cimmino: “Agreement is a strong political signal for trade based on rules and transparency”

Rome, 27 February 2026 - “We warmly welcome the announcement by the President of the European Commission, Ursula von der Leyen, on the start of provisional application of the EU-Mercosur Agreement. The almost simultaneous ratifications by Uruguay and Argentina, approved by overwhelming majorities, confirm the will of our partners to achieve its full effectiveness quickly. On the European side, the signal was received with immediacy: it is a victory for Europe and Italy, a historic step finally consistent with the expectations of European and Italian industry, which Confindustria has supported with conviction. A result that deserves the support of all political, economic and social forces committed to building strategic alliances in a phase of great uncertainty”. Said Confindustria President Emanuele Orsini.

“In a complex geopolitical context, Europe chooses responsibility and strategic vision. The agreement is not a technical act, but a strong political signal in favour of trade based on rules and transparency. For Italy, Europe's second largest manufacturer and already a leading player in trade with the Mercosur area, a new phase is opening: more access to markets, greater industrial integration, more attraction of investments, and more security in strategic supplies. We now expect similar support from Brazil and Paraguay, so that the agreement unfolds its full potential. The provisional entry into force of the agreement reinforces, on this occasion, Europe's credibility as a strategic partner and represents a decisive step towards a future of shared growth, economic security and sustainable competitiveness for our companies and for the new generations”. Added Barbara Cimmino, Vice President for Export and Investment Attraction of Confindustria.