european-commission-mercosur

South American trade deal is EU’s largest ever – updated

The European Union said on 28 June that it had reached political agreement on its largest ever trade deal, with the South American Mercosur trading bloc comprising Argentina, Brazil Paraguay and Uruguay. It said the new trade framework creates a market of 780 million people, and could provide big opportunities for EU businesses in countries where the EU has strong historical links but whose markets have been relatively closed up to ... [+]