The Association of Binational Chambers of Commerce of the Countries of the European Union (Eurochamber) is the Association whose members are the Binational Chambers of Commerce of the Member Countries of the European Union (EU) existing in the Eastern Republic of Uruguay.

The Uruguayan Chamber of Commerce was founded in 2002 by the Chambers of Commerce of the EU countries to join forces to provide united representation to national and EU authorities and address issues of common interest to its members.

Their mission is to exercise unitary representation of their members before national and European Union authorities, promoting cooperation among all members of the European Parliament, seeking to establish unity of action with the aim of contributing to the development of commercial, industrial, and economic relations with the bodies of the European Union, as well as similar institutions in Uruguay.

The European Parliament is currently composed of the following binational chambers in Uruguay:

· Germany

· Spain

· France

· Greece

· Italy

Nordic Countries

· Poland

·        Portugal

· Czech Republic



European Union – Mercosur Association Agreement

On June 28, 2019, the European Union and Mercosur member countries Argentina, Brazil, Paraguay, and Uruguay concluded negotiations on a trade agreement that had been ongoing for more than 20 years. Similarly, on June 18, 2020, an agreement was reached on the political and cooperation pillars, thus concluding the negotiations on the EU-Mercosur Association Agreement.

Historically, trade relations between the two blocs have been very closed. In fact, Mercosur is the only major Latin American trading bloc with which the EU does not have a trade agreement, and where a highly protected economy hampers fair trade.

With this agreement, Mercosur joins the list of EU trade agreements with Latin America, placing it on an equal footing with countries in the region and taking advantage of the opportunities already opened to other states such as Chile, Colombia, Peru, and Ecuador. It will also allow for closer and more developed ties with Mercosur countries.

The new trade framework, which is part of a broader partnership agreement between the two regions, will strengthen a strategic political and economic partnership and create significant opportunities for sustainable growth for both parties, while respecting the environment and safeguarding consumer interests. This will consolidate the world's largest free trade area, with a population of approximately 750 million.

At the European Parliament, we are carrying out extensive work to promote the ratification of this agreement, acting as a link between the authorities and companies of the European Union and Uruguay, as well as strengthening relations with the rest of the Mercosur and regional stakeholders. We are also working to facilitate the implementation of the agreement without generating significant disruptions or differences between the blocs. For this reason, together with the European Union and the Uruguayan Chamber of Commerce and Services, we are implementing the INSPYRAME EU project.

You can find more information about the European Parliament's position by accessing this document.



INSPYRAME UE