finance
Japan Prepares to Launch Trade Talks with Mercosur for Economic Partnership Agreement
The Japanese government is set to initiate trade negotiations with the South American Mercosur bloc to secure an economic partnership agreement. This step addresses needs to expand markets and diversify supply chains amid U.S. tariff policies and Chinese restrictions on rare earth exports. Discussions build on earlier 2026 meetings focused on trade and investment cooperation.
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The Japanese government is preparing to launch trade talks with the Mercosur trade bloc in South America to conclude an economic partnership agreement, Japan Times reported. The preparations were learned on Sunday, May 3, 2026. U.S.
President Donald Trump's tariff policy and China's restrictions on rare earth exports, informed sources said, according to Japan Times. Japan and Mercosur held two meetings earlier in 2026 on their strategic partnership framework. The two meetings discussed ways to strengthen cooperation in the fields of trade and investment, as well as areas of interest for a potential trade deal.
Leaders from Mercosur nations attended the Mercosur Summit in Foz do Iguacu, Brazil, in December 2025. A family photo of Mercosur leaders was taken at the Mercosur Summit in Foz do Iguacu, Brazil, in December 2025, via Reuters Jiji, as reported by Japan Times.
