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The Independent UK
The Independent UK
National
Tom Nouvian

What is the EU-Mercosur trade agreement and why does it matter?

France Farmers Protets - (Copyright 2024 The Associated Press. All rights reserved.)

After more than 20 years of negotiations, the 27-nation European Union and Mercosur — a South American trade bloc of Brazil, Argentina, Paraguay, Uruguay and Bolivia — are still trying to finalize a major trade agreement that is sparking protests by European farmers.

A draft deal was announced in 2019, but disagreements over environmental, economic and political issues are delaying its final approval.

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