South American Leaders Set Deadline for EU Trade Pact

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Source: Financial Times
TL;DR Summary

South American leaders have issued an ultimatum to the European Union (EU) regarding a long-delayed trade pact, demanding that negotiations be concluded by the end of the year. The EU has been negotiating a trade agreement with the South American trade bloc, Mercosur, for almost two decades, but talks have been stalled due to disagreements over agricultural and environmental issues. South American leaders are now pressuring the EU to make significant concessions in order to finalize the deal.

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