The European Union and Mercosur concluded a free trade agreement during the summit held in Montevideo, which ended on Friday. teleSUR
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00:00Mercosur and the European Union have reached an agreement on the disputed free trade deal
00:05at the 65th Mercosur Summit that is underway in the Uruguayan capital of Montevideo.
00:11In this regard, the European Commission announced on Friday that talks on the free trade agreement
00:16have been finalized after more than two decades of negotiations.
00:21The deal now faces a battle for approval in Europe given French and Italian opposition.
00:27The prospect of the agreement was also met with resistance by farmers from different
00:32European countries who will be negatively affected by it.
00:37For her part, while announcing the decision, European Commission President Ulsana Bonderlehen
00:42expressed the deal was a win-win for both Europe and the Mercosur member states.