Question to the Department for International Trade:

To ask His Majesty's Government what assessment they have made of the proposed EU–Mercosur Association Agreement; and what plans they have to apply to join the Agreement.

The UK has no plans to join the EU’s Association Agreement with Mercosur as our approach is to negotiate our own trade agreements using our freedom outside of the EU.

We are monitoring the progress of EU-Mercosur talks. They reached agreement in principle on a deal in 2019 but the agreement is not yet ratified.

The Mercosur countries are important markets for the UK and we are committed to strengthening our trading relationship.

A recent demonstration of that commitment was the signing of a Double Taxation Agreement with Brazil in November. When ratified, the agreement will dramatically reduce tax uncertainty in cross-border trade.