Mercosur and the EU Land a Historic Trade Agreement
After nearly 20 years of discussion and negotiation, Mercosur and the European Union have finally made a trade deal that is making waves in South America. It has been hailed as one of the most impactful trade deals of all time not only for the South American trading bloc, but for economies around the world as well. Before understanding this historic deal however, it is important to first understand who each party is and what their trading groups consist of.