EU countries expected to clear signing of record Mercosur trade deal

BRUSSELS, Jan 9 (Reuters) - EU nations are expected on Friday to approve the signing of the bloc’s largest ever free trade accord with South American group Mercosur, over 25 years since negotiations began and after months of wrangling to secure key member states’ backing. The European Commission, which concluded negotiations a year ago, and countries such as Germany and Spain argue it is a vital part of an EU push to unlock new markets to offset business lost from U.S. tariffs and to reduce reliance on China by securing access to critical minerals. Opponents led by France, the European Union’s largest agricultural producer, say the agreement will jack up imports of cheap food products, including beef, poultry and sugar, undercutting domestic farmers. 🔗 Leggi su Internazionale.it

eu countries expected to clear signing of record mercosur trade deal
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