Tajani Attends Italy-Latin America Business Forum on EU-Mercosur Trade Opportunities
Summary
Foreign Minister Antonio Tajani attended the Italy-Latin America Business Forum in Prato on April 27, 2026, organized jointly by MAECI and IILA with support from the Italian Trade Agency. The forum brought together over 160 representatives from the Italian private sector and Latin American companies to discuss opportunities arising from the EU-Mercosur Free Trade Agreement, which is set to enter into force on May 1. 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.”
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Italy's Foreign Minister attended the Italy-Latin America Business Forum in Prato to discuss the EU-Mercosur Free Trade Agreement ahead of its May 1 entry into force. The forum included thematic sessions on mechanical engineering, chemical-pharmaceutical, clothing-footwear, and agribusiness sectors, fostering discussion between institutions and companies on expanding trade opportunities. Italian businesses and investors with interests in Latin America should monitor developments related to the EU-Mercosur Agreement, which could reshape trade dynamics for sectors including manufacturing, pharmaceuticals, and agriculture.
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Apr 27, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
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- Publication date: April 27 2026
- Type: Press Releases Foreign Minister Antonio Tajani is in Tuscany today for the Italy-Latin America Business Forum, organized in Prato jointly by the Foreign Ministry and IILA, with the support of the Italian Trade Agency (ITA).
The event is attended by over 160 representatives of the Italian private sector and Latin American companies, as well as representatives of industrial unions from various countries in the region and the main Italian business associations. Through thematic sessions dedicated to sectors with the greatest potential for internationalization – including mechanical engineering, chemical-pharmaceutical, clothing-footwear, and agribusiness – the initiative will foster discussion between institutions and companies on the opportunities arising from the EU-Mercosur Free Trade Agreement, ahead of its entry into force on May 1.
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 Italian production chains.
Minister Tajani will speak in the afternoon session. During the Forum, the Minister will hold bilateral meetings with the Vice President of the Republic of El Salvador, the Minister of Foreign Affairs of Uruguay, and the Minister of Industry and Trade of Venezuela to deepen and strengthen bilateral relations, particularly in the economic and justice sectors, as well as addressing key regional and international priorities.
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