The Latest Breaking News from Mercosur

According to several sources, the agreement reached by the EU and the Mercosur countries has been reviewed by the European Commission’s legal service and translated, but its submission to the Member States for ratification has been put on hold.

Brazil’s ambassador to the EU, Pedro Miguel da Costa e Silva, has accused opponents of the Mercosur agreement of spreading disinformation, making unreasonable demands, and holding unrealistic expectations.

Speaking during his first state visit to France Thursday, Brazilian President Luiz Inacio Lula da Silva urged his French counterpart Emmanuel Macron to back an EU trade deal with four Latin American countries. French farmers have warned that the EU-Mercosur deal could be devastating for the country's domestic agriculture industry.

Indigenous peoples' representatives fear that increased trade with Europe will lead to the agricultural exploitation of their territories