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Tajani Speaks at Italy-Latin America Business Forum on EU-MERCOSUR Trade

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Summary

Foreign Minister Antonio Tajani spoke at the Teatro Metastasio in Prato at the Italy-Latin America Business Forum, jointly organized by MAECI and IILA with support from the Italian Trade Agency (ITA). The Forum explored opportunities arising from the EU-MERCOSUR Free Trade Agreement, which entered into force on May 1, covering sectors including mechanical engineering, chemical-pharmaceuticals, fashion, and agro-industry. Trade between Italy and Latin America and the Caribbean reached €34 billion in 2025, with a positive balance of €6.5 billion.

“Trade between Italy and Latin America and the Caribbean has grown significantly in recent years, reaching €34 billion in 2025, with a positive balance of €6.5 billion.”

MAECI , verbatim from source
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GovPing monitors Italy MAECI for new trade & sanctions regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 10 changes logged to date.

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MAECI and IILA co-organized a business forum in Prato featuring Foreign Minister Antonio Tajani to discuss trade opportunities ahead of the EU-MERCOSUR Free Trade Agreement entering into force on May 1. The forum included thematic sessions on mechanical engineering, chemical-pharmaceuticals, fashion, and agro-industry, with participation from Italian trade agencies (ITA, SACE, SIMEST, CDP) and Latin American government officials from El Salvador, Venezuela, Argentina, Paraguay, and Dominican Republic.

Italian companies seeking to expand into Latin American markets may find new opportunities through reduced trade barriers under the EU-MERCOSUR agreement. Businesses in the specified sectors should monitor implementation of the agreement and consider attending future trade facilitation events organized by ITA or the regional institutions mentioned.

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Apr 27, 2026

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  • Publication date: April 26 2026
  • Type: Press Releases Foreign Minister Antonio Tajani will speak today at the Teatro Metastasio in Prato at the Italy-Latin America Business Forum, jointly organized by the Ministry of Foreign Affairs and International Cooperation (MAECI) and IILA with the support of the Italian Trade Agency (ITA).

The initiative brings together institutions and companies to explore the opportunities arising from the EU-MERCOSUR Free Trade Agreement, ahead of its entry into force on May 1.

The Forum will be opened by representatives of Italian and Latin American institutions and companies and will consist of thematic sessions and operational meetings between Latin American companies, trade associations, and government officials, focusing on sectors with the greatest potential for internationalization, including mechanical engineering, chemical-pharmaceuticals, the fashion system, and agro-industry. The Forum’s high-level institutional segment will be held in the afternoon, with the participation – inter alia –  of IILA Secretary General Giorgio Silli, the Vice President of the Republic of El Salvador, the Minister of Industry and Trade of Venezuela, the Secretary for Economic Relations of the Argentine Ministry of Foreign Affairs, the Deputy Minister of External Relations of Paraguay, and the Deputy Minister of Economic Affairs and International Cooperation of the Dominican Republic. The leaders of ITA, SACE, SIMEST, and CDP, Confindustria, as well as representatives of other Latin American and Caribbean countries, will also participate.

Trade between Italy and Latin America and the Caribbean has grown significantly in recent years, reaching €34 billion in 2025, with a positive balance of €6.5 billion. In this context, the EU-Mercosur Agreement could contribute to further strengthening trade and expanding opportunities for our production chains in the region.

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Last updated

Classification

Agency
MAECI
Published
April 26th, 2026
Instrument
Notice
Branch
Executive
Joint with
IILA
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Manufacturers Retailers Investors
Industry sector
4411 Retail Trade
Activity scope
Trade promotion International trade Business forums
Geographic scope
Italy IT

Taxonomy

Primary area
International Trade
Operational domain
Compliance
Topics
Energy Agriculture

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