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world4h ago
Mercosur y UE se alistan para la firma de histórico pacto comercial tras casi tres décadas de espera
- Mercosur and the European Union are set to sign a historic trade pact in Asunción, completing nearly three decades of negotiations.
- The pact would create the world’s largest free-trade area, covering roughly 780 million people and a significant share of global GDP.
- The agreement includes environmental and labor safeguards intended to address European concerns.
- Italy’s eventual support was pivotal in securing European backing for the deal.
- France led European opposition, warning the deal could flood the market with cheaper South American products.
- The signing will coincide with Paraguay's presidency of Mercosur and could lead to broader future deals.
- Analysts say the deal could expand access for European investment and shield against protectionism.
- Brazilian researchers estimate agricultural exports could grow with the deal, boosting regional economies.
- The pact would allow Mercosur and Europe to counter protectionism and boost trade and jobs in the region.
- Paraguay will chair Mercosur temporarily as the deal moves toward ratification by all parties.
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