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International Business Times
International Business Times
Business

EU Presents Mercosur Deal For Member States' Approval

The EU's trade deal with South American bloc Mercosur has faced French-led opposition over agricultural concerns (Credit: AFP)

The EU put forward a huge trade deal with South American bloc Mercosur for approval by member countries Wednesday, reassuring chief critic France it came with "robust" safeguards to protect farmers.

The agreement to form a 700-million-customer free-trade area, the world's biggest, is a key pillar in Brussels' push to open new markets in the face of US tariffs -- but has faced Paris-led opposition over agricultural concerns.

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