# Paraguay

Type: country

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/paraguay-country
Canonical HTML page: https://getlegalbrief.com/entity/paraguay-country

## Timeline

- **2026-03-17**: Paraguay Final Ratification — The Chamber of Deputies provides unanimous approval, completing the Mercosur side.
- **2026-03-05**: Paraguay Senate Approval — The Paraguayan Senate gives its green light to the trade deal.
- **2026-02-20**: Uruguay Ratification — Uruguay becomes the first Mercosur member to ratify the agreement.
- **1999-06-01**: Negotiations Begin — Formal discussions between Mercosur and the EU commence.

## Recent coverage (1 stories)

### Paraguay Ratification Completes Mercosur Approval of Landmark EU Trade Deal
2026-03-18 02:07:04 · Sentiment: Bullish · Impact: 8/10 · Sources: 2

Paraguay has become the final founding member of Mercosur to ratify the long-awaited free trade agreement with the European Union, concluding a 25-year negotiation cycle on the South American side. The deal establishes one of the world's largest free trade zones, encompassing 700 million people and 25% of global GDP.
Full story: https://getlegalbrief.com/story/paraguay-ratifies-mercosur-eu-trade-deal

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