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Economy · AsunciónThe European Union and the Mercosur bloc of South American countries formally signed a long-sought landmark free trade agreement on Saturday, capping more than a quarter-century of torturous negotiations to strengthen commercial ties in the face of rising protectionism and trade tensions around the world. The signing ceremony in Paraguay’s humid capital of Asunción marks a major geopolitical victory for the EU in an age of American tariffs and surging Chinese exports, expanding the bloc’s foothold in a resource-rich region increasingly contested by Washington and Beijing.See the Story
European Union and Mercosur bloc of South American nations sign landmark free trade agreement
46% Center coverage: 146 sources

António CostaASUNCION—Top officials from the EU and the South American bloc Mercosur signed a free trade agreement on Saturday in Paraguay, paving the way for the European Union’s largest-ever trade accord after 25 years of negotiations.
The agreement, designed to lower tariffs and boost trade between the two regions, must now gain the consent of the European Parliament and be ratified by the legislatures of Mercosur members Argentina, Brazil, Paraguay an…See the Story
EU and Mercosur Sign Trade Deal After 25 Years of Negotiations
34% Center coverage: 6 sources

Javier Milei · ArgentinaBuenos Aires, 19 January (NA) -- The president of Argentine SMEs (IPA), Daniel Rosato, warned that the trade agreement between Mercosur and the European Union poses a threat to national production if small and medium-sized enterprises are not previously strengthened. The leader pointed out that, without a competitiveness plan, the opening of markets will boost the current crisis and lead to the disappearance of two out of ten manufacturing estab…See the Story