EU to seal trade deal with South America – von der Leyen ...News

The bloc has also pledged to invest €10 billion in the region European Commission President Ursula von der Leyen has vowed that a free trade agreement between the EU and Mercosur, an economic and political bloc comprising Argentina, Brazil, Paraguay and Uruguay, will be concluded as soon as this year. The official made the pledge as she appeared at a press conference alongside Brazilian President Luiz Inacio Lula da Silva on Monday. According to von der Leyen, the pact will allow investment to flow and will support the reindustrialization of Brazil, as well as the creation of jobs. Brazil is the first stop on the

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