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EU-Mercosur Trade Agreement on G20 Agenda Amid Criticism

During the G20 summit in Brazil, discussions will focus on the EU-Mercosur free trade agreement, which has been in negotiation for 25 years. EU Commission President Ursula von der Leyen and Brazilian President Luiz Inácio Lula da Silva highlight potential benefits, but environmentalists voice concerns over deforestation linked to trade. France remains opposed due to fears for its agricultural sector. The EU aims to finalize the deal, which could increase trade by up to 30%. The agreement is viewed as both an economic opportunity and a geopolitical strategy amid global competition.

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