Brazil’s Chamber of Deputies has approved an historic free trade agreement between Mercosur and the European Union, moving the long-delayed pact closer to implementation.
The European Union and South American bloc Mercosur have signed a long-awaited free trade agreement in Paraguay, opening the way for what would become the EU’s largest-ever trade deal.
Brazilian President Lula da Silva and French President Emmanuel Macron discussed U.S. tariffs and the Mercosur-EU trade deal in a phone call, aiming to finalise the long-awaited agreement by year-end.
Member countries of South America’s leading trade bloc, Mercosur, have reached an agreement to broaden exemptions to common external tariffs, Argentina’s Foreign Ministry spokesperson announced on Wednesday.
French farmers protested near Paris against the Mercosur trade deal, demanding fairer pay and decrying threats to rural livelihoods, while police blocked their convoys from entering the city.
The European Union and South America's Mercosur bloc have reached a historic agreement on a long-delayed free trade deal, but the pact now faces fierce opposition in Europe, particularly from France.
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