EU chief visits Uruguay to finalize trade deal with Mercosur bloc

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European Commission President Ursula von der Leyen is in Uruguay to finalize a long-awaited trade deal between the EU and South America's Mercosur bloc. This agreement, which has faced opposition in Europe, aims to enhance trade in beef and grains. The deal is expected to be announced today, following negotiations that resolved key issues, including environmental concerns. This agreement would be the largest trade deal for the EU in terms of tariff reductions, but it still requires approval from EU countries and the European Parliament. Despite support from some EU members, France has criticized the deal as "unacceptable," citing concerns over agricultural standards. Irish farmers have also protested, fearing the deal could lead to an influx of cheaper South American beef, impacting local producers.


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