EU and Mercosur bloc agree vast free-trade zone
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European Union member states have backed plans to seal a long-negotiated trade agreement with the Mercosur bloc in South America, a deal discussed for roughly 25 years. Italy’s support was highlighted as important for moving the agreement forward. Supporters frame the pact as a pro-trade signal and a chance for businesses on both sides to expand cross-Atlantic commerce, while critics warn about competitive pressure on European agriculture and concerns about environmental protections.

Officials gather as EU-Mercosur trade talks advance.

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