After closing bilateral cooperation agreements In his meeting with the Uruguayan President, the President of Spain highlighted on Tuesday (22.07.2025) the importance of the agreement between the European Union and Mercosur for the economic future of both regions.
""We need open markets, clear rules, and effective multilateral mechanisms to resolve legitimate trade differences we may have," he said. Spanish president at the headquarters of the Uruguayan presidency.
In that sense, he added that both he and the President of Uruguay share “the imperative, I would say utmost, need to finalize the agreement between the European Union and MERCOSUR, which can be concluded and enter into force as soon as possible."
Regarding the magnitude of the agreement, he stressed that it represents “nothing more and nothing less than the creation of the most important free trade zone in the world, the largest in the world."
He also highlighted that this pact “moves a opening message, precisely now, at a time of self-absorption, confrontation, and trade war, as we are seeing from other administrations."
The Spanish president praised the “relationship based on shared interests" between Uruguay and Spain, and stressed that both countries "share a vision of the need to defend democracy, human rights, to focus on the social issue, to anticipate the disastrous and calamitous effects of the climate emergency, and also to strengthen multilateralism".
Referring to the historical ties between the two countries, he noted: “Our relationship is intense and is also based on the memory of thousands of Spaniards who made Uruguay their home.".
And he concluded: “Let us never forget where we come from or what we were, because that defines who we are and where we want to go as a society.".
The agreement between both blocks, which has been in negotiations for more than a quarter of a century, is currently in approval processThis stage takes place in a global context marked by geopolitical and economic tensions that impact international integration strategies. In this context, the conclusion of the agreement with the European Union represents not only a significant commercial breakthrough, but also a boost for attracting investment, integrating value chains, and modernizing regulatory frameworks, thus strengthening regional competitiveness.
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