💨 Abstract

The European Union is holding urgent talks to secure Italy's and other member states' support for a free trade deal with Mercosur. Italy and France have expressed concerns about potential cheap imports of commodities like beef and sugar. The EU is offering reassurances on farmer funding and reviewing import controls to address these fears. A vote is expected on Friday, with Germany and Spain backing the deal, which aims to boost exports and reduce reliance on China.

Courtesy: theprint.in