EU-Mercosur Trade Deal Finalized, Dividing Farmers and Industry

The agreement creates one of the world's largest trade zones but raises concerns over environmental, agricultural, and economic impacts.

The EU and Mercosur nations (Argentina, Brazil, Paraguay, and Uruguay) have signed a trade agreement after years of negotiations, forming a trade zone of over 700 million people.
European farmers criticize the deal, fearing increased competition from South American agricultural imports and insufficient safeguards for local producers.
Environmental groups warn the agreement could accelerate deforestation in South America and increase the use of banned pesticides in agricultural production.
Industries such as automotive, machinery, and renewable energy in the EU welcome the agreement, citing new export opportunities and reduced reliance on Chinese rare earth imports.
Implementation of the deal remains uncertain, with opposition from countries like France and Poland and potential hurdles in ratification across EU member states.