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EU and Mercosur to Sign Landmark Free Trade Agreement After 25 Years of Negotiations

Published January 17, 2026, 12:14
EU and Mercosur to Sign Landmark Free Trade Agreement After 25 Years of Negotiations

The European Union and Mercosur are set to sign a landmark free trade agreement today, after 25 years of negotiations. The agreement, which will cover over 700 million people, is considered important for strengthening trade and economic cooperation between the two blocs. The EU is seeking to diversify its trade relations amid tensions with the US and China, while Mercosur includes the countries of Brazil, Argentina, Uruguay, and Paraguay. The agreement must be ratified by the European Parliament to come into force. The source of the news is CNA.