Rodrigo Santos Andrade share

EU–Mercosur trade deal close to signing, promising economic gains despite fierce farmer opposition

visibility comment0 event January 8, 2026 timer 05:05

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A landmark deal that would create the world’s largest free trade area could be signed within days, marking a major geopolitical and economic win for the European Union (EU) – but only if leaders can overcome fierce resistance from powerful farming lobbies. The long-awaited EU–Mercosur agreement, involving the bloc and five South American countries – Argentina, Brazil, Bolivia, Paraguay and Uruguay – has been more than two decades in the making. William Denselow reports for CNA.

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