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EU agrees trade deal with Mercosur after 20 years
The EU and South American economic bloc Mercosur have clinched a trade deal following 20 years of negotiations.
EU Commission President Jean-Claude Juncker said it was the biggest deal the EU had ever concluded and, at a time of trade tensions, showed that "we stand for rules-based trade".
...
In a statement, Brazil said the deal included eliminating tariffs on products such as orange juice, instant coffee and fruit, Reuters reported.
Meanwhile producers of other products such as meat, sugar and ethanol would have greater access to the EU market through quotas, the statement said.
https://www.bbc.co.uk/news/world-europe-48807161
EU Commission President Jean-Claude Juncker said it was the biggest deal the EU had ever concluded and, at a time of trade tensions, showed that "we stand for rules-based trade".
...
In a statement, Brazil said the deal included eliminating tariffs on products such as orange juice, instant coffee and fruit, Reuters reported.
Meanwhile producers of other products such as meat, sugar and ethanol would have greater access to the EU market through quotas, the statement said.
https://www.bbc.co.uk/news/world-europe-48807161
