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The Economic Times

Global Business / The Economic Times

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EUMercosur free trade pact to be signed after 25 years

The South American trade bloc Mercosur and the European Union will sign on Saturday a deal 25 years in the making to create one of the world's largest free trade areas at a time of growing protectionism and volatility. The deal will favor European exports of cars, wine and cheese, while making it easier for South American beef, poultry, sugar, rice, honey and soybeans to enter Europe.

17 Jan 2026 11:49 am