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Thursday, March 5, 2026
A2 Elementary ⚡ Cached
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EU and Mercosur Agree New Trade Deal

European Union countries made a new trade deal. They agreed with Mercosur. Mercosur is a group of countries. Argentina, Brazil, Paraguay, and Uruguay are in Mercosur. This deal took many years. It is a big step for the EU. It helps the EU trade more.

The deal will help businesses. EU exporters can earn more money. Mercosur countries can also grow. The EU can buy important minerals. This helps the EU not depend on China. The talks were not easy.

Most EU countries voted yes. Italy's support was important. Twenty-one countries voted for the deal. Austria, France, Hungary, Ireland, and Poland voted no. Belgium did not vote. Some countries still have worries.

Farmers in some EU countries are not happy. They used tractors to block roads. They worry about cheaper food. They think it will hurt their jobs. EU officials say the deal protects farmers. Food will meet high standards. Brazil's President Lula da Silva likes the deal. The European Parliament will vote soon.

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