Legislative proposals for the treaty have been submitted to the Mercosur parliaments. In Brazil, the agricultural sector wants improvements, and Argentina has concluded a trade agreement with the US that conflicts with the agreement with the EU.

The port of Chancay in Peru could become a key driver for the development of cross-border infrastructure. Chinese investment is playing an important role in this.

Trump has “only” imposed the reciprocal minimum tariff of 10 percent on almost all South American countries. What is the reason for this and what consequences could it have for the region?

President Milei has stabilized the country in a serious crisis. Now he must continue his reform course. A further recovery of the continent’s second largest economy would be important for South America.

After 25 years of negotiations, an agreement was reached at the Mercosur summit in Montevideo.

The country is currently readjusting its position in global politics. This could become a strategic advantage for the most important investment location for the German economy in South America.

At present, China could significantly expand its political influence in South America. There are a number of important events coming up in the second half of the year.

Brazil is becoming the blueprint for expansion in the industrial value chains and in R&D. This is competition for Western companies in particular.

The region is increasingly being drawn into the disputes of the world powers and local conflicts are threatening to become geopolitically charged.

Joint statement by CNI, BDI and LADW on the occasion of the meeting between Chancellor Scholz and President Lula.