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EU and Mercosur agree huge trade deal after 20-year talks

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    EU and Mercosur agree huge trade deal after 20-year talks

    This time next ye.. 2039, we're in there. We've got the best trade negotiators in world we have.

    The EU and South American economic bloc Mercosur have clinched a huge trade deal after 20 years of negotiations.

    EU Commission chief Jean-Claude Juncker said it was the EU's biggest deal to date and, at a time of trade tensions between the US and China, showed that "we stand for rules-based trade".


    Brazil's President Jair Bolsonaro said it was "historic" and "one of the most important trade deals of all time".


    Mercosur consists of Argentina, Brazil, Uruguay and Paraguay.


    Venezuela is also a member but it was suspended in 2016 for failing to meet the group's basic standards.


    The deal aims to cut or remove trade tariffs, making imported products cheaper for consumers while also boosting exports for companies on both sides.


    It is set to create a market for goods and services covering nearly 800 million consumers, making it the largest in the world in terms of population.

    source: EU and Mercosur agree huge trade deal after 20-year talks - BBC News
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

    #2
    It's worth forging trade deals and suffering poverty in order to be independent and free to choose to be the pet poodle of Trump.
    "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

    Comment


      #3
      South American products will be cheaper? I imagine some people would celebrate that

      And I'm not talking about EU based beef farmers...
      His heart is in the right place - shame we can't say the same about his brain...

      Comment


        #4
        oi wrong forum!
        Always forgive your enemies; nothing annoys them so much.

        Comment


          #5
          Originally posted by vetran View Post
          oi wrong forum!
          Moved. Thanks.
          Down with racism. Long live miscegenation!

          Comment

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