Historic Free Trade Zone Ratified: Uniting Mercosur and the EU
Published on: March 18, 2026, 3:58 a.m. | Source: Devdiscourse
Paraguay becomes the last Mercosur nation to ratify the free trade pact with the EU, creating a major global trade zone. The agreement, negotiated over 25 years, awaited President Peña's signature. The EU provisionally ratifies it amid European opposition claiming potential agricultural disruption.
