The EU deal's quota split will dominate the Mercosur summit as Uruguay takes the helm

AI Summary

The Mercosur summit in Asunción will focus on the European Union-Mercosur trade agreement's export quota distribution. Uruguay will assume the six-month presidency of Mercosur from Paraguay during the summit, coinciding with the 35th anniversary of the Treaty of Asunción.

The internal distribution of export quotas under the trade agreement between Mercosur and the European Union will dominate much of the debate at the bloc's summit of heads of state, to be held on June 30 in Asunción, where Paraguay will hand over the six-month presidency to Uruguay. The meeting coincides with the 35th anniversary of the Treaty of Asunción, the bloc's founding charter.