EU-Mercosur Trade Deal: Final Stretch
Update: 2026-01-05
Description
Brussels races to finalize EU-Mercosur trade deal, with Italys support crucial. European Commission aims to release declaration to appease holdout countries, potentially promising extra payments to European farmers. Italys large population holds significant sway in EU voting, with fifteen of twenty-seven member countries needed for approval. French and Polish agriculture ministers push for stronger safeguards against import flood. If approved, Commission President Ursula von der Leyen could sign the deal next week, unlocking a free-trade zone for over seven hundred million people and eliminating duties on ninety percent of EU exports.
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