Will South America’s trade bloc collapse?

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With nearly 300 million people and the 5th largest economy, Mercosur aimed to be South America's EU, but challenges including a potentially hostile Argentine president, unilateral moves, and failed EU trade talks raise questions about its future.
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1. www.as-coa.org/articles/expla...
2. www.mercosur.int/en/about-mer...
3. www.cfr.org/backgrounder/merc...
4. www.france24.com/es/minuto-a-...
5. foreignpolicy.com/2023/12/18/...
6. www.bloomberg.com/news/articl...
7. www.reuters.com/world/america...
8. www.americasquarterly.org/art...
9. www.bloomberg.com/news/articl...
10. foreignpolicy.com/2023/12/18/...
11. www.as-coa.org/articles/expla...
12. www.cfr.org/article/south-ame...

[@abrakadaver7495]

To be honest, France's "concerns" about the environmental impact of Mercosur are more of a pretext to protect its own agricultural economy.

[@jotapeuy]

That´s the ONLY reason.

[@PepeCoinMania]

We know

[@DiegoMaeoka]

it is very obvious, France is so protectionist that is a pain in the ass for everybody, including themselves

[@inbb510]

Mercosur: Trade deal? French farmers: Non.

[@toyotaprius79]

Climate & Biodiversity collapse: QUI!

[@___alessandro.007]

EU: trade deal? Brazilian industrial sector: não!!

[@sajeucettefoistunevaspasme]

but farmers son't make deals the government does and really doesn't care much about them it's more into "free markets, EU, and working hard to pay the debt back"

[@seneca983]

@@sajeucettefoistunevaspasme Farmers do have a lot of influence in many European countries (France being a prime example) and the EU itself. A huge chunk of the EU budget goes to agricultural subsidies.

[@sajeucettefoistunevaspasme]

@@seneca983 They don't the FNSEA doesn't act in their interest it acts in it's own The Fnsea happily destroys the agricultural sector by milking farmers and basically enslaving them while letting cheap subsidized products from outside enter the french market

[@adtastic1533]

Australia has also been trying and failing to get a trade deal done with the EU for longer than 25 years. So maybe the problem aint Mercosur.

[@dxd42]

Exactly, Europeans will create every type of narrative to protect their agricultural lobby and industries .. at the same time want open door for their products hahaha They just think the Colonies will think and behave as colonies forever.

[@paul1979uk2000]

Trade deals always become tricky, depending on what's in the deal and more so if one size is a lot bigger than the other, because the bigger side will expect a better deal than the smaller side and usually the bigger side can afford to play the long game, basically if you look at the EU and US, look at the trade deals they get, they are usually tilted in favour of the EU or US and it really boils down to two things, economy of scale and consumer power, which basically means that a lot of countries want good trade terms with big markets like the EU and US, they know that and they take advantage of that clout to get better deals for themselves.

[@juliane__]

Yes, the problems are the diverging interests of the partners.

[@adtastic1533]

@@paul1979uk2000 As far as I'm concerned the EU wants full access but ain't willing to reciprocate. I don't think Mercosur nor Australia needs to bend over for the EU. Australia has an FTA with both China and the US. We are a founding member of the CPTPP. So obviuously they offered deals that were more acceptable. We don't need the declining EU.

[@Seth9809]

NAFTA is proof that trade deals need to be carefully made

[@fernsong8558]

Fun fact: New Zealand is an observer state of Mercosur

[@juanmanuel7305]

Well youre a highly industrialized remote island we are a giant livestock we could figure something out, the problem is chile

[@the-lobster-man6786]

The reason the deal is stalled to be clear is irish and the French governments fears over cheap beef imports

[@sciencefliestothemoon2305]

​@Person11068EU nation states rights

[@dulio12385]

@Person11068 EU requires Unanimity. The same rule that lets Hungary screw over Ukraine allows Ireland to screw over Mercosur, despite both countires being relatively inconsequential powers in real terms.

[@cathalobrien5691]

@Person11068as an Irish beef farmer this deal is very well known and constantly blasted for how it would destroy local agriculture. Opposition is also common among environmentalists who claim South American beef is the cause of amazons deforestation. This has led to a very strange alliance of rural advocacy and environmental advocacy groups who both have an overrepresented voice in Irish politics basically meaning Ireland will never accept and sort of free trade deal with South America.

[@adtastic1533]

And that's why the EU is a piece of crap. It's willing to let it's people pay higher prices during a cost of living crisis just to protect a few special interests. The UK was right.

[@adtastic1533]

​@@cathalobrien5691This is more EU horse shit. They say the same thing about Australian produce too. It's made up lies used as an excuse to erect trade barriers and old fashioned protectionism.

[@Gamma3]

We wanted an agreement with EU but seems that french farmers are not open to trade. I think the option it is to trade with asia and new markets

[@dan-bz7dz]

Never trust EU leaders

[@juanmanuel7305]

Siempre va a ser así, el problema del mercosur (y todo latam) es la corrupción y amiguismo que hacen los estados en vez de trabajar por un bien común

[@Arnoldlehman]

​@@juanmanuel7305esta vez el problema son los corruptos europeos que quieren cambiar las reglas a cada rato. Europa quiere que el mercosur abra totalmente su mercado, mientras la UE solo esta dispuesto a ceder un poco

[@lowsby]

O bosta do seu presidente está fazendo o diabo. Vocês são pobres e dependem de nós e da China e agora viraram um problema que temos de lidar. Até porque,infelizmente a diplomacia do meu país não vai intervir no seu. Acredite "hermano",muitos brasileiros concordariam em gastar dinheiro de imposto para intervir diretamente na Argentina.

[@lowsby]

Já não bastasse a Venezuela. Pelo menos os falidos 1.0 parecem que não iram mais fazer guerra alguma. Era tudo que precisávamos. Mais bases militares dos EUA, porque esses caribenhos não sabem onde é o lugar deles.

[@enderan27]

The pesos shown in minute 03:25 are MXN or Mexican pesos, not Argentinian Pesos

[@sleepytraveler369]

Was looking for this comment

[@edgarrios1189]

@@sleepytraveler369 same

[@santi6545]

argentina is part of mexico

[@santiagocorrea6662]

Im from Uruguay, the reason why we are looking for bilateral agreements outside of mercosur its becuase it has been basically useless to the uruguayan economy, we have the most expensive market in the entirety of the continent and desperately need cheaper products from developed countries like China, the US and the EU. And on top of that, the mercosur is not a free trade agreement at all, brazilians put big tariffs on uruguayan and argentinian beef, milk and soy, which is basically most of our PIB, in a couple of years we will be making more money trading with the chinese, than with all the members of the mercosur combined.

[@dxd42]

Interesting. As a Brazilian, it is very interesting to see Uruguayans ask to decouple from the Mercosur Market (neighborhood 300 million people market) to bet on Chinese. 😂

[@alitium6990]

In fact, Brazil produces everything that any Mercosur country needs: computers, cell phones, cars, buses, machinery, even planes, submarines and drones, Brazil produces. The problem is that it makes no sense for Brazil to sell these products in large quantities to Uruguay and Argentina, if these two do not sell the products that Brazil wants. There is no trade balance.

[@___alessandro.007]

I'm from Brazil and I also assume that there is resistance from the industrial sector in my country against signing the agreement. The brazilian government and our industrial sector do not want european industrialized products to enter our market without tariffs, as this would bankrupt our companies. *There is protectionism on both sides, so it is difficult to reach an agreement...

[@alitium6990]

it's not true, you clearly don't know what you're talking about. 1-The industrial sector wants the agreement precisely so that it can export manufacturing to Europe 2-the government wants the agreement because it will increase the trade balance in Brazil, and consequently heat up the economy. Your statement doesn't even make sense, the Brazilian government has been looking for this agreement for more than 20 years. You clearly don't know what you're talking about. ​.@@___alessandro.007

[@larissamello374]

We Brazil trade more with China than all mercosur combined since the beginning of 2000’s. Uruguay is a 22k gdp per capita expected to grow 3% in the next 10 years. China only buys soy and beef from your whereas we Brazil buy industrialized problems and support a lot the software industry. Not to mention the extra money you have for infrastructure. Do whatever you want Uruguay! Maybe if you weren’t buying milk from New Zealand and selling it to us we wouldn’t be putting tariffs on it.

[@user-cc7yv9xl2i]

It will never happen, since the French would rather starve their own people than allow their farmers to be a little bit sad.

[@pedroramalho121]

Thats true. But in France the farmers have the means to stop the entire nation. So a lotbof bargain power

[@user-cc7yv9xl2i]

@@pedroramalho121More than true, it's pathetic how a bunch of farmers can keep France hostage and how that can keep the whole EU blocked. If anybody needed a prove that the EU is doomed to fail, the fact that the most entitled, overfunded and protected group of all (french farmers) hate the EU and they're the ones literally dictating international policy.

[@fernbedek6302]

Mercosur feels like it needs more members to stop being basically an Argentina-Brazil agreement that drags everyone else along.

[@vitaomachado]

Well, Brazil and Argentina make up for over 2/3 of South America's economy, population and territory. There's no avoiding that.

[@dansands8140]

The EU needs to not be dragged along by Germany and France, but more members hasn't helped it.

[@dxd42]

Bolivia Joined this year. But if you take in consideration Mercosur have the Market of 5 Trillion Dollars and 500 Million People.

[@adhiwicaksono6149]

That's inevitable, other states shouldn't suck.

[@juliane__]

@@dxd42 270 Mio people to be precise. Or are 230 Mio people still undiscovered in the Amazonas far from any civilisation? /i (I know you counted the observer states and associates too)

[@PABLO1SEBASTIAN1]

The team curiously avoiding to speak Uruguay president's name. Pronunciation challenge alert 😂

[@nicolasinvernizzi6140]

they would probably said "poo"

[@PABLO1SEBASTIAN1]

@@nicolasinvernizzi6140 Luis Winnie Poo

[@IuriFiedoruk]

I was born in a brazilian city that is 60Km from Argentina, I know very well about this. Mercorur is, and always was, just a business deal. There is no free trade at all, there are limita and is mostly for companies, not people. In most cases you can't just go work in the other countries, and it blocks one country from making free trade deals by itself. So, nothing big will change without it, as did not changed with it.

[@nicolasflores8544]

It ain't even that good of a business deal. It's honestly a shame since Mercosur could be an amazing thing for our countries, but in it's current form it is just sad.

[@TylerMarkRichardson]

Nice English

[@jakesmall8875]

lol dude every South American nations best move would be to apply for u.s statehood Your whole country would be instantly rich

[@savagenoria2003]

​@@jakesmall8875naw

[@BroznikTSOC]

​@@jakesmall8875I'm sure that economic, political and demographic issues would just not arise

[@dxd42]

The Problem with the Mercosur & EU deal is that FRANCE don't want it. Simply as that. France agricultural lobby are blocking the deal, even though it would open a MASSIVE market for European Industrialized Products, which would give Europe a competition advantage towards China and the US.

[@ahmedshaharyarejaz9886]

That is what happens when tens of countries need to be on the same page on all things in negotiations. Such is life I suppose.

[@cathalobrien5691]

Ireland is the same two of the biggest lobbies are the agricultural lobby and the environmental lobby they are united in opposition to the deal. Ireland have no problem vetoing eu deals like the nice treaty

[@Icefrostmiguel]

France also blocked Portuguese and Spanish Energy exports to germany. They just do as they please.

[@ahmedshaharyarejaz9886]

@Icefrostmiguel Hmm, the French seem to be catching a case of Napoleonitis again. Hmm. Sus.

[@filipe5722]

​@@IcefrostmiguelThat's bullshit.

[@jamoncillo]

3:27 I love how you talk about the Argentinian peso but show on screen Mexican pesos 😂

[@emilomatosis]

you showed a stock video of the mexican peso and not the argentinian one

[@cgt3704]

The reson is because the argentinian peso is so worthless that its not even worth being shown in the video

[@AR-rg2en]

@@cgt3704😂

[@rizkyadiyanto7922]

at least its not philipine's...

[@JJBitter]

When mentioned argentinian pesos the clip was of mexican pesos

[@ashleytwo]

​@Person11068 economically sure, but the Argentinan pesos now have animals on them so...

[@tenshimx2163]

​@@ashleytwoThe 50-peso bill has an axolotl in Mexico > Argentina

[@JackBaker954]

"...will only add to the block's challenges" **"I'VE BEEN USING HENSON'S PRODUCTS"**

[@paul1979uk2000]

What we should remember with the EU, the project started out shortly after the second world war, there was a lot of good will in preventing a lot of the mistakes of the past and working closer together through integration, even then, European countries have not had an easy time of things and it's takes countless decades to get where we are at. The mistakes I'm seeing with these other unions like the one in South America and the African Union is that they are rushing them together, worse yet, they are letting anyone in, regardless of status, especially the African Union, that doesn't encourage reforms and change for the members, the carrot and stick approach which the EU has been very successful with it over the decades, apart from recently with Hungary and Poland, which in the case of Hungary, the EU needs to get a lot tougher with them. I think the other problem with the South American union is Brazil, you've got one country that's massive in comparison to the others, that creates an imbalance, the EU on the other hand have a mix of big and small countries, many of which keep each other in check, in the case of the South American union, Brazil rules the show.

[@Gilder-von-Schattenkreuz]

Moreover. The Times were just very Different. With Populations in General having far less Social Networking as there was No Internet. And thus it being far far Easier for Government to make Decisions without them being Challenged over every little Claim from some Random Group that says its Bad for the People.

[@mikefish8226]

Oh noes, a European country has a right-wing government that cares about their people. They must be stopped....

[@kagnetix6674]

@@mikefish8226 No it's about a country that bends it's head to Russia and is horrible corrupt.

[@TugaAvenger]

@@mikefish8226 Thinking Orban cares the slightest about Hungarians is utterly laughable.

[@mikefish8226]

@@TugaAvenger He cares about his people more than any of the other EU leaders.

[@arturozuazua323]

Not to nitpick but to laugh, that traffic was Mexican pesos not Argentinian pesos

[@hieronymusbutts7349]

Traffic = graphic?

[@biaispravda]

I personally believe the EU is missing a great opportunity to build a strong and comprehensive transatlantic partnership with LATAM, which is one of the most like-minded regions to the EU in the world. Instead of moving on from a stagnant economy dependent on costly subsidies towards a more dynamic and efficient state of affairs by collaboration with good-willing allies, they (France, Ireland) prefer to maintain some decadent sectors of their society satisfied so as to not shake the political order and the government's popularity. Good luck to the French in their delusive attempt to make Europe a respectable geopolitical player again while acting in this shameful way.

[@PepeCoinMania]

They aren’t missing anything they just want to explore and destroy the industry of Latin America

[@thematthew761]

Interestingly for the past 3 Argentine elections, they voted opposite to Brazil and Bolsonaro and Fernandez had a pretty rough relationship as well.

[@fabiogoncalves9728]

Same is happening now between Milei and the brazilian selected incumbent.

[@thecrakp0t]

To answer the question, no. It's not gonna collapse. They're stronger together and they know that.

[@justlogan_]

The first 2 seconds represent the quickest intro I've ever seen in your videos 😂

[@edvard-swift3645]

You put to much Faith in Argentina 😂😂😂

[@solidv2]

5:50 Panama and Paraguay are very far away, but share an interesting waterway. I hope I get to visit it !

[@HdeHidratado]

Hey just a note in the pronouciation. In Brazilian Portuguese, the J is pronounced the same as in English. So the J in Jair is pronounced the same way as the J in "jar". The 'J pronounced as R' comes from Spanish and is not present in Portuguese

[@a2falcone]

J pronounced as R!? How do you pronounce Rs?

[@CM-um1ky]

​@@a2falconeIn Brazilian Portuguese the letter R is often pronounced as the H in English. The J in Jair is pronounced like the second g in garage (American English).

[@Pixelarter]

Brazilian Portuguese J is more similar to French J. It doesn't have the "DJ" sound like in English.

[@felipequaresma4215]

i doubt, first thing, the EU and Mercosur deal doesnt move foward for a couple of reasons, mainly EUs fault due to protecionism with their primary sector and sanctions to countries of the mercosur if they were to violate enviromental and indigenous rights, wich have been critized by enviromentalists as green washing, second, despite the problems within the members MERCOSUR was already able to finish free trade deals with Singapore, and with Paraguay's presidency they will focus more on asian trading patners, maybe china, vietna and indonesia, and even if members of the bloc have their problems this new presidency will be able to calm them down.

[@CARL_093]

very good topic

[@SMRomanov]

I don't believe that political and personal differences between Milei and Lula are a reason for a hypothetical collapse of Mercosur.

[@Bolsonaro_em_Haia]

I agree... mainly because there isn't a whole lot of height to collapse from.

[@dxd42]

No, Because the Block are much more than political preferences, Brazil is the second-largest trade Partner from Argentina, it would be catastrophic if Milei decides to cut ties.

[@VMF-rj8qo]

​@@dxd42 It isn't about cutting economic relations with Brazil but rather having bilateral relations with it, instead of having to go through the block.

[@juandavidrodriguez6051]

I mean if one of the main policies that milei is pushing is to use the dollar as main currency I would think that that makes it even harder for lula to reach an agreement of one currency for the whole bloc, which basically puts them at odds.

[@Bolsonaro_em_Haia]

@@juandavidrodriguez6051 Fair enough. Of course, Milei has made little secret either of his disdain for Lula or of his general confrontational nature. But who knows how long he will last, now that his first two weeks have been so forceful and controversial...

[@azahel542]

Wait, the mercosur is still a thing?

[@janaejoaodosacramento9731]

Yeah ?

[@bababababababa6124]

@@janaejoaodosacramento9731it’s easy to forget to be fair, seeming as they aren’t really doing anything, kind of like the African Union

[@janaejoaodosacramento9731]

@@bababababababa6124 the do some things, we don’t need passports to entre member country’s , less tarifa between members and some smaller stuff

[@danielzhang1916]

yeah it seems like they only did some stuff, basically just a free trade zone

[@nelhern2677]

Not really, it never was either.

[@DrVictorVasconcelos]

I think Lula's and the former Argentinian president's picture is probably one of few pictures of world leaders that don't shout "gosh, I really didn't want to be here". Even for leaders who are allied, there's always some stupid pressure to look stoic or whatever.

[@VMF-rj8qo]

?

[@julianshepherd2038]

That old school safety razor is tricky to use. I gave up on them in the 80s

[@Lucius4992]

What Uruguay is doing is simply the natural choice and it is the kind of mentality that kept the economy going while everyone else crumbles. Depending on Argentina and Brasil is just a terrible choice.

[@KillaCam_88]

There's a typo @ 3:15... The word reliance is misspelled.

[@daltongalloway]

2:46 A story as old as time. Someone seems like a radical when they run for office. But as soon as they get in they back peddle on a ton of issues😂

[@miguelvaledealmeida175]

It’s both Mercosur (ES) and Mercosul (PT)

[@Unberable]

3:24 wrong peso lol

[@DJRaulandShark]

can you please equalive the volume levels between intro main video and ads it is incredibly frustrating

[@seanlander9321]

At least South American countries can trade with the Europeans, unlike Australia which has been under a punitive trade embargo by Europe for generations.

[@freddiemercury2075]

Mercosaur is a type of dinosaur found in South America.

[@marksimons8861]

Does Mercosur have the aim of an "ever closer union" . Without it the plans don't go far, I am afraid the big picture is lacking.

[@mochabear88]

ty

[@FernandoGomez-hg4rn]

Talking about the Argentinian peso at 3:28 but showing Mexican peso bills made me laugh a bit!!!

[@Baddy187]

The EU speedrunning another trade agreement...

[@cathalobrien5691]

As an Irish beef farmer I can tell you that Ireland will be extremely likely to veto this it’s the only thing that unites farmers and environmentalists and is basically political suicide to support.

[@danielkelly2210]

“Merk'a-SORRRRE”

[@GraveUypo]

that thing only exists in name to begin with.

[@sagard.yenchilwar1379]

I elf_ing got to know about mercosur this morning searched on Wikipedia read articles read history after venturing into the rabbit hole Like from history of viceroyalty of rio de la plata of this region And Was not expecting predictions of its dissolution in the eve

[@Retrostalgiamx]

3:26 … those are not Argentine 🇦🇷 pesos… those are Mexican 🇲🇽 pesos. 😊

[@brancaleone8895]

in the bill literaly says ´´Banco de México´´ (Mexican Bank) xd

[@dairebulson7122]

What is Milei's attitude toward Mercosur?

[@DrVictorVasconcelos]

Honestly, just forget the common currency thing. Lula's party has chosen conservative federal bank leaders in the past with the mandate to deal with inflation, but they still maintain that the inflation/interest rate equilibrium is a political decision. Argentina disagrees.

[@asha8443]

Paraguay-Panama waterway?!?! Lol

[@BN.ja05]

He probably ment Paraná (river).

[@JerzyFeliksKlein]

Kudos for choosing environmentally friendly companies as your sponsors.

[@psilon1749]

We the Milei supportes use to call it "cercosur" (cerco means fence)

[@treppit]

tl;dr: yes!

[@rohansampat1995]

Anyone else gonna comment on how Mercasaur sounds like a Dinosaur bounty hunter

[@juanbustos1338]

@3:25 those are mexican pesos lmaooooo

[@Martin_e_93]

"unable to sign a free trade agreenment with the EU"...yeah and who's fault is that? hint: it's not in south America.

[@9Jason0]

Argentinian pesos with Benito Juárez !!🙊

[@LucasSchimmel]

Milei leaving Mercosul would be exceedingly prejudicial for his presidency, specially at this point that. He'd have far better luck expecting Brazil to elect someone more similar to his own ideology in 2 years (which is completely possible).

[@Pixelarter]

I doubt it. After only one year, Lula's government is doing much better economically than the last two right wing governments (Temer and Bolsonaro). It's more probable that the better economic situation ends up electing another left leaning president in the next election. There's also a high chance Bolsonaro will soon be jailed for his crimes, and further demoralize the Brazilian right and the conservatives.

[@remiliascarlet4412]

6:04 It would have been helpful if French Guyana was also coloured in blue on this map.

[@ALBERT-oj1vn]

Mercours is not a bloc or union. It is a platform like world economic forum or BRICS.

[@maggotman2024]

If it did would the rest of the world notice?

[@guillerhonora717]

typo relaiance also parana, not panama

[@napoleonibonaparte7198]

I want Central America to reunify.

[@ALSPEHEIR]

I hope so.

[@Ramondenner1991]

Just wait Milei time in office to end and them back to work

[@vak21]

I love your TLDR... But 3:25 is the mexican peso not the argentinian 😅

[@MissilTermonuclear]

Mercosur is nothing more than a commercial disagreement that makes all these countries ''Vassals'' of a single Brazilian state called São Paulo.

[@napoleonibonaparte7198]

Regionalism is still the trend, it will not go away any time soon. But even if it did collapse, they will reconstitute.

[@yoganandavalle]

When you said "argentinian peso", that was actually the "mexican peso" in the video

[@ericpoeperic]

I hope so

[@Jackson-bh1jw]

half into the video an dit only says "hey guys, this new guy will destroy a continent with imposible plans"

[@toriannasigourney9737]

Seems impossible to make an agreement when Latin American presidents fluctuate between diametrically different policies

[@freddiemercury2075]

In a totally unrelated note, I am guessing someday a particular skillful former Barcelona forward who won 8 ballon de or and a world cup would be Argentina's leader.

[@lordalpharius5928]

5:20 you can’t be in CPTT if you want better relationships with the USA. Currently the U.S. is fighting a bipartisan trade war with China.

[@danireis22]

I dont see how a failed trade deal with EU might be a sign of mercosur problems as described in the video, since all mercosur members agree with the trade deal. Some EU members that disagree, like France while other members like Gemany wants that doesnt show Mercosur inability to close a deal, shows EU's inability....

[@ivolucasdelimajunior1053]

It will not. Fin.

[@afonsosilva1354]

Mercosur is a good ideia, but just it, an ideia.

[@theconqueringram5295]

Not good for Mercosur.

[@miguelmiramon1505]

3:27 That's the mexican peso... You just need a moment to read "Banco de México"

[@RandomHuman1103]

This only shows how bad such unions are,i mean both unions are around 30y old and yet they didn`t made any trade deal soo far

[@eranb66]

Argentina is actually not the 3rd but the 4th largest country in Latin America, after Brasil, Mexico and Colombia.

[@ALROD]

Argentina smaller than Colombia? Impossible. Argentina is actually second.

[@BN.ja05]

@@ALROD Dellusion, convince yourself...

[@ALROD]

@@BN.ja05 I was talking about land. Wait, was OP talking about economy? #facepalm

[@BN.ja05]

@@ALROD He probably was, Argentina is 2x larger than Colombia, but the gaucho country has been underperforming economically and now has the 4th largest regional GDP pc.

[@veyrr]

The problem in making the agreement is the EU, since Australia is going through the same problem that Mercosur is going through, it is unable to reach an agreement with the EU

[@kaelzus]

It's Mercosul

[@CosmicSyl1]

It's both, Mercosur is the Spanish variant while Mercosul is the Portuguese variant

[@theuselessdrunk]

the biggest problem for mercosur is that all its faults are put in evidence by the relative successes of the other regional pact, alianza del pacifico, which is ahead in every aspect including treaties with the EU

[@a2falcone]

And on top of that, Alianza del Pacífico doesn't ban its members from making their own separate trade deals.

[@leonardobd6472]

Aliança do Pacifico is so small, it can’t be compared to the Mercosul

[@John_Bonachon]

Its "Alianza del Pacífico" and its not small at all ​@@leonardobd6472

[@PepeCoinMania]

Ukraine gonna lose

[@federicoxxx.jjjh.f2sss348]

​@@leonardobd6472 Pib. Alianza del Pacífico 2.200.000. Pib mercosur 2.900.000

[@kth6736]

0:10 - If mercosur is collapsing, then it has become the south american version of EU already.

[@j0zHy1]

3:28 that's not argentine peso, thats mexico currency

[@alfredocoelho8088]

No.

[@nohablogringo]

South America has two blocs. Mercosur and the Andean Community. Stop calling it as “South America’s trade bloc” as the only bloc.

[@TheMannyx17]

"scrapping the Argentine peso..." showing Mexican pesos

[@minhthunguyendang9900]

merco-sour😅😅😅😂😂😂😂😂😂😂😂😂😂😂😂😂

[@DavidCelestialKnight]

The Pacific Alliance is much better than Mercosur. They have free transit of people and merchandise.

[@LeoDas688]

Argentina is the second largest not third largest

[@aeroboyjh]

“Scraping the Argentine peso” *displays Mexican peso

[@mnm5165]

Genuine question, but how come Chile, Peru, Ecuador and Colombia aren’t a part of Mercosur? I understand nobody likes Venezuela anyway and Guyana and Suriname are basically North American at this point, but the other four I don’t quite understand

[@janaejoaodosacramento9731]

Colombia and Bolivia have association status to join the block the others idk

[@andrewschmitz9756]

Geography. I live in southern brazil, its easier tô integrate because of the rio de la plata basin where you have the pampa biom. Colômbia and Chile are kinda away from these 4 countries due to Andes mountain range. It has more population if you account São Paulo and Buenos Aires. The rivers are navigatable and goods can move across the south atlantic too.

[@Bolsonaro_em_Haia]

What do you mean about Guyana and Suriname?

[@nablamakabama488]

It’s probably because of the close proximity and connection via the same infrastructure and bodies of water. The 4 members are all east coast countries with their population centres close together. The others are west coast and disconnected by the Andes mountains and Amazone rainforest. Paraguay is landlocked, but it’s directly upstream from Buenos Aires.

[@bababababababa6124]

@@Bolsonaro_em_HaiaGuyana and Suriname hardly do business with their South American neighbours. Guyana is sort of friendly with Brazil but that’s about it. Both countries are far closer to their Caribbean and Central American allies. There are barely even any roads that connect both countries to Brazil or Venezuela anyway

[@SofieFurtwangler]

😅😅😅Mercosur is Brazil! 70% of the population and 70% of the economy

[@Yugamxo]

3rd largest country? Not second?

[@thiagovidal8972]

Theres no chance it will happen if argentina exit, venezuela enters.

[@adolfojuangarcia1906]

Isn't Argentina the second largest Latin-American country?

[@nicolasinvernizzi6140]

on size yes, and in population it's the fourth

[@adolfojuangarcia1906]

@@nicolasinvernizzi6140 he said it was the 3rd

[@nicolasinvernizzi6140]

@@adolfojuangarcia1906 yes i noticed. he is wrong

[@larissamello374]

2nd in South America and 3rd in Latin America. Brazil 1st, Mexico 2nd

[@adolfojuangarcia1906]

@@larissamello374 Mexico is 3rd

[@Ernesto-km3ph]

As a Brazilian that know Lula’s style of international relations, I can assure that Brazil-Argentina relations can only be damaged today by the Argentinian part. Lula don’t care much about ideological differences, a proof of this is that he had a bigger, and real friendship with Bush in the early 2000s than with Obama after 2008. And he also knows that the relations between countries shoudn’t be guided by it’s leaders personal relations, as he recongnised in a graduation of diplomats after Milei’s victory in the election.

[@a2falcone]

Yet Lula started off by not going to Milei's inaguration.

[@Ernesto-km3ph]

And this was a mistake in my vision, not unjustified though. In the video wasn't showed the entirety of the attacks that Milei directed at Lula, but the personal attacks weren't the main reason for Lula's absence, before he invited Lula, Milei invited Bolsonaro, that went to Buenos Aires with a bunch of allied politicians. You can, with little research, look that Milei inauguration was used for a bunch of far-right movements as a rally.@@a2falcone

[@laughingseal2282]

​@@a2falconeWell sh1t. After being called all sorts of bad adjectives, he needs to show some balls. Not bend his knee. Don't mistake kindness for subservience.

[@italomatheus8615]

​@@a2falconeainda bem. Lula não depende do Milei. Inclusive, na posse do milei só tinha países fracassados, incluindo a Espanha, a bomba relógio da União Europeia.