Next week, the EU is entering the final phase of the Mercosur trade deal that might create a market of 700 million people between Europe and South America. But will it?
Breakdown
- EU nears final phase of 25-year Mercosur trade deal talks 7s
- European Parliament to vote on trading safeguards next Tuesday 24s
- If safeguards pass, deal could be signed in Brazil by Ursula von der Leyen 36s
- Parliament must still ratify; opposition could block deal next year 43s
- Failure to ratify may cost EU a strategic partner amid US tensions 55s