EU, Mercosur strike trade pact, defying protectionist wave

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EU, Mercosur strike trade pact, defying...
 © CyprusMail 2019
By Philip Blenkinsop and Leika Kihara

The European Union and South American bloc Mercosur agreed a free trade treaty on Friday, concluding two decades of talks and committing to more open markets in the face of a rising tide of protectionism.

The EU becomes the first major partner with which Mercosur has struck a trade pact, offering EU firms a potential head start. The European Union is already Mercosur’s biggest trade and investment partner and its second largest for goods trade.

The two regions launched negotiations exactly 20 years...


This article was automatically added to our system 29-6-2019

EU, Mercosur strike trade pact, defying protectionist wave


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Article Tags: mercosur, strike, trade, defying, protectionist,