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flag The EU and Mercosur finalized a trade deal to cut tariffs, boost commerce, and enforce environmental and labor standards.

flag The European Union and Mercosur have finalized a comprehensive trade agreement aimed at boosting economic ties, reducing tariffs on goods, and enhancing cooperation on environmental and labor standards. flag The deal, which has undergone years of negotiation, is expected to increase trade between the blocs, particularly in agricultural products and industrial goods, while addressing concerns over deforestation and sustainability. flag It requires ratification by both EU member states and Mercosur nations before taking effect.

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