💨 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 commodity imports from Mercosur, such as beef and sugar. The EU is offering reassurances on farmer funding and reviewing import controls to address these concerns. The deal, which has been in the works for 25 years, aims to boost EU exports and reduce reliance on China.

Courtesy: theprint.in