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flag The EU approved the Mercosur trade deal after 25 years, pending EU Parliament ratification.

flag The EU has approved the Mercosur trade agreement after over 25 years of negotiations, with 21 member states supporting it and several nations, including France, opposing. flag The deal, which includes a provisional trade agreement and a full partnership treaty, aims to boost trade between Europe and South America, create economic opportunities, and promote sustainable development. flag While the European Parliament must still ratify the agreement, the EU’s Cyprus presidency plans to push for provisional application. flag Despite strong backing from the EPP group and concerns over agricultural and environmental impacts, the agreement faces ongoing opposition and potential legal challenges.

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