💨 Abstract

The European Commission has secured Italy's support for a free trade deal with Mercosur, potentially allowing the EU to sign the agreement soon. Italy and France previously opposed the deal due to concerns about cheap imports affecting farmers. However, Italy's Prime Minister Giorgia Meloni welcomed a proposal to increase agricultural support, leading Italy to vote in favor. The deal, 25 years in the making, aims to boost EU exports and reduce reliance on China.

Courtesy: theprint.in