EU finalizes trade deal with Mercosur despite mixed reactions from member states

dw.com

The European Union has finalized a significant trade deal with Argentina, Brazil, Paraguay, and Uruguay, creating a free-trade zone for over 700 million people. EU Commission chief Ursula von der Leyen called it a "win-win agreement" for consumers and businesses. While Germany and Spain support the deal, France and several farmers' unions oppose it, citing concerns for European agriculture. Farmers warn the agreement could harm family farming across the EU. The deal still requires approval from at least 15 of the EU's 27 member states and the European Parliament before it can take effect.


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