EU and Mercosur bloc ink major trade deal, rejecting 'tariffs' and 'isolation'

This trade deal represents a pivotal moment in international trade relations, particularly as it counters the growing tide of protectionism seen in various parts of the world. By fostering closer economic ties between the EU and Mercosur, both regions may enhance their competitiveness in the global market. However, the long-term success of this agreement will depend on its implementation and the ability of both parties to navigate potential domestic opposition.