Trade breakthrough: EU, Mercosur sign landmark free trade pact; 25-year negotiations end amid global tariff tensions
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The European Union and Mercosur have formally signed a landmark free trade agreement, concluding over 25 years of negotiations and establishing one of the world’s largest integrated trading zones. This pact, signed in Asunción, signifies a major geopolitical win for the EU amidst global trade tensions and reinforces South America’s commitment to diversified economic ties.
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