Uruguay and Argentina Ratify the Historic EU-Mercosur Trade Deal

Uruguay and Argentina became the first Mercosur nations to ratify the free trade agreement with the EU following votes in their respective parliaments.The deal, signed after 25 years of negotiations, seeks to create a trade zone of 700 million people and eliminate tariffs on 92 percent of exports from the South American bloc.While Javier Milei and Ursula von der Leyen view the pact as a milestone, the EU faces internal opposition from farmers and a pending legal review.