The EU Council Greenlights Historic EU-Mercosur Trade Partnership

MILAN — After over 25 years of discussions, the council representing European member states authorized the signing of a trade deal with Mercosur that could potentially create the world’s biggest free-trade area. In a statement, the European Commission said Friday that the EU Council representing its member states adopted two key decisions approving the EU-Mercosur Partnership Agreement and the Interim Trade Agreement between the EU and Mercosur. Mercosur is the South American bloc that includes Argentina,  ...