New Push For EU-South America Trade Deal Despite French Fury

Farmers fear a deal between the EU and the South American Mercosur bloc will mean an influx of cheaper agricultural goods to Europe (Credit: AFP)

A controversial trade deal between the EU and South America's Mercosur bloc is back in the spotlight with rekindled optimism that the two sides could conclude an agreement before the year is over.

The blockbuster trade pact between the 27-country European Union and Mercosur countries -- Brazil, Argentina, Paraguay and Uruguay -- has been 25 years in the making and would create the world's biggest free trade zone.