January 29, 2026–Written by Martin Lynch for Industrial Info Resources (Galway, Ireland, Texas)–It has taken almost 25 years but the European Union (EU) has signed its largest ever free trade agreement with an alliance of key South American countries, which will affect trade across many key sectors from agriculture and cars to pharmaceuticals, renewable energy and critical raw materials. The EU signed the deal with the Mercosur (Southern Common Market) trading group, comprising Brazil, Argentina, Paraguay and Uruguay, despite stiff opposition from some EU Member States and widespread protests by the agricultural sector.
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