EU-Mercosur Free Trade Agreement: Challenges Ahead for Approval
December 6, 2024
The European Union and Mercosur have finalized a free trade agreement, but a tough battle for approval awaits within the EU, particularly from France and Poland. Despite the objections, countries like Germany and Spain welcome the deal, hoping for increased exports. The President of the European Commission labeled it as the largest trade and investment partnership ever seen globally. After 25 years of negotiations, the outcome leaves room for future developments.