The president of the European Commission, Ursula von der Leyen, announced on Friday, December 6, that together with her counterparts from the four main members of the Latin American common market, Mercosur, including the presidents of Brazil, Argentina, Paraguay and Uruguay, they are negotiating an economic cooperation agreement. between the European Union and Mercor, finalized.
According to
Amac News: The President of the European Commission said in a press release that the agreement is a win-win agreement that brings significant benefits to consumers and businesses on both sides.
He added that the EU-Mercosur agreement is the largest agreement signed so far in the field of food and beverage protection of the European Union.
Von der Leyen also stated: "We have listened to farmers' concerns and responded to them. "This agreement includes strong safeguards to protect your livelihood."
The EU president also noted that the EU-Mercosur agreement would save European companies €4 billion in export duties annually.
This economic cooperation is signed between the European Union and South American countries while international relations and global trade are affected by sensitive global conditions.
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