Source: European Parliament
In accordance with the negotiating directive by the Council, the Commission is negotiating the EU-Mercosur Agreement as a comprehensive agreement that encompasses trade, political and cooperation pillars. All these aspects are intrinsically linked and intended to be applied simultaneously.
The decision on the legal architecture has not been taken yet. The Commission will determine the legal basis after a legal assessment taking into account the content of the agreement when transmitting the agreement to the Council and the European Parliament for signature and conclusion. Regardless of the final outcome, any chosen legal architecture would be fully democratic and in line with the Treaties.