EU–Mercosur Trade Agreement Explained: Who Gains and Who Faces Challenges. AI-Generated.
Introduction
After years of negotiations, the European Union and the Mercosur bloc have moved closer to finalizing one of the largest trade agreements in the world. Known as the EU–Mercosur trade deal, the agreement aims to reduce tariffs, expand market access, and strengthen economic ties between Europe and South America. Supporters describe it as a strategic step toward open trade and global cooperation, while critics warn of economic and environmental risks.
