EU–Mercosur trade deal: why it matters
The EU-Mercosur trade deal creates a trading zone of 700 million people altogether. It is agreed between the EU and the South American trading bloc, which includes Argentina, Brazil, Paraguay, and Uruguay. The deal aims to boost Europe’s economy and global partnerships while protecting EU farmers, consumers and environmental standards. It will
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- remove trade barriers
- create jobs and business opportunities
- ensure strong safeguards for EU rules and fair competition
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