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<p>The EU-Mercosur trade agreement reached political conclusion on 28 June 2019. This
means that we have yet to receive the final text, which would be needed to assess
the impacts of the final negotiated outcome, including which commercial sectors would
benefit. This text is unlikely to be available for some time since the EU and Mercosur
are still finalising the details of the agreement, which will then need to undergo
legal review and official translation.</p><p>We welcome the news of political conclusion
between the EU and Mercosur on a Free Trade Agreement. As a global champion of trade,
the UK has been a strong advocate for these negotiations. The UK has longstanding
positive bilateral relationships with individual Mercosur countries and we look forward
to deepening our trading ties as we leave the EU. We will be working with our Mercosur
partners to develop our future trade relationship in due course.</p>
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