EU-Mercosur Trade Aggrement
EU And South America Countries Conclude Divisive Trade Deal
The European Union has finalized a trade agreement with four major South American economies, including Brazil, Argentina, Paraguay, and Uruguay. This agreement is expected to create one of the world's largest free trade zones, spanning a market of approximately 780 million people. The pact aims to reduce trade barriers by removing tariffs on various goods, including Italian wine, Argentine steak, Brazilian oranges, and German Volkswagens.
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