"The priority now is turning this EU-Mercosur agreement into concrete outcomes, giving EU exporters the platform they need to seize new opportunities for trade, growth and jobs."
"This is about resilience, this is about growth, and Europe shaping its own future."
The EU-Mercosur free trade deal, effective May 1, follows 25 years of negotiations and aims to reduce economic dependency on China and the US. Ratified by Uruguay, Brazil, Paraguay, and Argentina, it connects over 700 million people and represents 25% of global GDP. Despite opposition from farmers and environmentalists, the deal will proceed provisionally, pending a ruling from the European Court of Justice. European leaders emphasize the deal's importance for trade growth and resilience in a changing global landscape.
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