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Mercosur
Fedaro, CC BY-SA 4.0, via Wikimedia Commons
institution

Mercosur

The EU-Mercosur Interim Trade Agreement began provisional application on May 1, 2026, after a negotiating process that had stretched for decades, European Commission.

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Mercosur is a South American trade bloc centered on Argentina, Brazil, Paraguay and Uruguay. Its tariff rules and trade negotiations affect regional industry and food exports, while internal protectionism often limits deeper economic integration.

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