The European Union is on the cusp of a major trade deal with Mercosur, a key bloc of Latin American nations. EU President Ursula von der Leyen has arrived in Uruguay for talks at a summit, as technical discussions continue with Argentina, Brazil, Uruguay, and Paraguay over the landmark agreement. France opposes the deal due to environmental and agricultural concerns. The outcome would be the largest trade pact ever concluded by the European bloc.
Source: https://www.bloomberg.com/news/articles/2024-12-05/von-der-leyen-to-attend-mercosur-summit-with-eu-trade-deal-close