European Commission President Ursula von der Leyen said a free-trade deal with South America’s Mercosur bloc is “in sight” but faces resistance ahead of a two-day summit in Uruguay. Leaders from Brazil, Argentina, Uruguay, and Paraguay are negotiating the pact to establish the world’s largest free trade zone. However, Italy’s opposition threatens to derail the 20-year effort to create the world’s largest free-trade zone.
EU chief makes final push to secure Mercosur free trade agreement
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