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What is the Mercosur deal?

Asked 10 hours ago

Answer

The Mercosur deal is a proposed trade agreement between the European Union and the Mercosur bloc—Argentina, Brazil, Paraguay, and Uruguay. It aims to eliminate or reduce tariffs, create a vast free-trade market, and open new economic opportunities, but faces opposition over concerns about unfair competition and production standards.

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Euronews

Mercosur signature delayed to January after Meloni asked for more time

Euronews · Recent
Euronews
Euronews
Recent
  • EU delays Mercosur trade deal vote to January
  • Deal would open EU markets to Uruguay, Paraguay, Argentina, and Brazil 7s
  • Italian PM Meloni requests more time for assurances to farmers 44s
  • Supporters urge swift action due to US tariffs on EU 1m 9s
  • Critics, including France, want deal reworked for fair farming practices 1m 27s

References

Mercosur signature delayed to January after Meloni asked for more time
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Euronews
13 hours ago
Mercosur signature delayed to January after Meloni asked for more time

The Mercosur deal would open markets between the EU and Uruguay, Paraguay, Argentina, and Brazil, aiming to facilitate trade by reducing barriers.

Farmers block roads in Brussels to protest EU-Mercosur free-trade deal
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Euronews
21 hours ago
Farmers block roads in Brussels to protest EU-Mercosur free-trade deal

The EU-Mercosur agreement is a proposed free-trade pact with South America to eliminate tariffs on nearly all goods between the EU and Mercosur nations over 15 years.

Italy's Meloni pours cold water on EU-Mercosur deal
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Euronews
2 days ago
Italy's Meloni pours cold water on EU-Mercosur deal

The Mercosur trade deal was reached by the European Commission in 2024 with Argentina, Brazil, Paraguay, and Uruguay, aiming to open new markets for the EU economy.

All eyes on Italy as Mercosur deal hangs in the balance
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Euronews
3 days ago
All eyes on Italy as Mercosur deal hangs in the balance

The Mercosur deal is a major agreement between the EU and the Mercosur bloc (Argentina, Brazil, Paraguay, Uruguay) to create a market of 780 million consumers, representing 25% of world trade, by eliminating or reducing high tariffs on European exports.

European Commission turns up pressure on France over Mercosur deal
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Euronews
4 days ago
European Commission turns up pressure on France over Mercosur deal

The Mercosur Agreement is a trade pact negotiated over 25 years between the EU and Mercosur, seen as crucial for economic, diplomatic, and geopolitical reasons.

Will the European Parliament approve Mercosur trade deal?
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Euronews
4 days ago
Will the European Parliament approve Mercosur trade deal?

The Mercosur trade deal is a 25-year negotiation to establish a market of 700 million people between Europe and South America, requiring safeguards to prevent market disruption and unfair competition.

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