The EU delays 25 year-old Mercosur deal in the face of farmer protests
The European Union decided to delay a massive free-trade deal with South American countries after the opening day of its leaders' summit was rocked by fiery farmer protests. Officials had hoped to sign the Mercosur deal in Brazil right before Christmas but chaos on the streets of Brussels and some last-minute objections led to a halt, stalling a deal 25 year in the making.
The European Union decided to delay a massive free-trade deal with South American countries after the opening day of its leaders' summit was rocked by fiery farmer protests. Officials had hoped to sign the Mercosur deal in Brazil right before Christmas but chaos on the streets of Brussels and some last-minute objections led to a halt, stalling a deal 25 year in the making.
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