Long-Awaited EU-Mercosur Trade Pact Set For Signing

Contributing sentiments towards policy:

67% : Lula last week hailed an "historic day for multilateralism" after the EU agreement, in the face of "an international context of growing protectionism and unilateralism.
56% : Together, the EU and Mercosur account for 30 percent of global GDP and more than 700 million consumers.
53% : For the EU, the deal with Mercosur "is a way to shore up autonomy and a place as a significant actor internationally," said political scientist Alejandro Frenkel of Argentina's University of San Martín.
49% : The agreement has been under negotiation since 1999 between the EU and Mercosur founding members Argentina, Brazil, Uruguay, and Paraguay, which holds the bloc's rotating presidency.
46% : The European Union and South American bloc Mercosur are set to sign an agreement Saturday, more than 25 years in the making, to create one of the world's largest free trade areas.

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