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Canada-Mercosur Free Trade Agreement

Canada is currently negotiating a free trade agreement (FTA) with Mercosur, a trading bloc and customs union consisting of Argentina, Brazil, Paraguay and Uruguay. Mercosur as a bloc represents a GDP of over $3 trillion and a population of 261 million in 2019.

In November 2017, Canada and Mercosur concluded the exploratory discussions for a possible FTA. The negotiations were officially launched on March 9, 2018 in Asuncion, Paraguay.

A comprehensive FTA with a large, emerging market such as Mercosur would provide improved market access for Canadian world-class goods and services, creating more opportunities for exporters to tap a rapidly-growing markets. The negotiations also provide an opportunity for Canada to promote an inclusive approach to trade, and reinforce the importance of a rules-based trading system at a time of growing protectionism.

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Services and information

Benefits for Canadians

Trade opportunities in emerging markets.

Frequently asked questions

Information about exploratory discussions, consultations and more.

Sector benefits

The potential benefits of a Canada-Mercosur free trade agreement for Canadian key sectors.

Country factsheets

Economic information and trade statistics for Mercosur countries.

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