The European Union and South American nations have spent more than a quarter of a century trying to strike a deal on free trade. The negotiations took on new urgency this year as a looming trade war between the world’s biggest trading partners — the US and China — spurred other regions to seek out new commercial partnerships to soften the blow.

The European Union has signed a trade deal with four of South America's biggest economies. European Commission president Ursula von der Leyen called the agreement a "truly historic milestone" in an "increasingly confrontational world". A previous agreement in 2019 never came into force because not all EU member states were willing to ratify it.

Following the resolution of legal disputes regarding the surrounding port area, this infrastructure promises to cut travel time from China by more than 10 days, reducing it to 23 days. Departures from Shanghai,

Lundin Mining sells European mines to Boliden for up to $1.52B, focuses on South America. Neves-Corvo and Zinkgruvan boost Boliden's zinc production.

The EU and Mercosur have agreed to the final text of a major trade deal. Ratification still faces a lot of obstacles in Europe. The post The EU-Mercosur Trade Deal Isn't Out of the Woods Yet appeared first on World Politics Review.

French farmers have resumed protests against the EU-Mercosur free trade agreement. But experts say the increase in controversial imports is modest with enough safeguards to soften the impact.