Trade deal guarantees a profitable future for EU producers
The Mercosur deal will protect climate change agreements and safeguard against low-quality food imports, while saving European companies €4 billion in tariffs
On Friday, June 28, the EU and the four South American countries that make up Mercosur – Argentina, Brazil, Paraguay and Uruguay – clinched a historic agreement to break down trade barriers and set strong common rules.
Like all trade deals, it offers opportunities for EU companies to sell their goods and services on foreign markets. And the EU-Mercosur deal opens up a market of 260 million people – half of the EU’s ...