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flag The EU proposes a major trade deal with Mercosur, despite French opposition over farming concerns.

flag The European Union (EU) is proposing a major trade deal with South American bloc Mercosur, comprising Brazil, Argentina, Paraguay, and Uruguay, despite facing opposition from France over agricultural concerns. flag The agreement aims to create the world's largest free-trade area with 700 million consumers and boost EU exports by up to 39%, or €49 billion. flag The deal requires approval from at least 15 EU countries and the European Parliament. flag To address concerns, the EU has proposed a €1 billion reserve for impacted farmers and quotas on sensitive imports like beef.

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