Sunday, 18 January 2026

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EU, Mercosur bloc sign free trade deal after 25 years of negotiations

 Published: 11:48, 18 January 2026

EU, Mercosur bloc sign free trade deal after 25 years of negotiations

European and South American officials have signed a major free trade agreement, paving the way for the European Union’s largest-ever trade accord amid tariff threats and deepening uncertainty around global cooperation.

The deal finalised on Saturday between the 27-nation EU and South America’s Mercosur bloc creates one of the world’s largest free trade areas after 25 years of negotiations.

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