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Euronews
Euronews
Stefan Grobe

Ratify Mercosur or risk losing South America to China, Uruguay warns EU

Uruguay's Foreign Minister, Mario Lubetkin, has urged the European Union to seize what he calls a historic opportunity by completing the ratification of the EU-Mercosur trade agreement, warning that Europe risks ceding influence in Latin America to China and other global powers if the deal stalls.

Speaking to Euronews during a visit to Brussels, Lubetkin, whose country has just assumed the rotating presidency of Mercosur, described the agreement as a "quality change" in relations between Europe and South America and insisted that the bloc has already fulfilled its part of the bargain.

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