With Milei present and Lula absent, Mercosur and EU sign landmark deal in Asunción

Milei called the deal “the most important achievement in Mercosur’s history” and said Argentina would continue to pursue additional trade initiatives beyond the EU agreement The European Union and South America’s Mercosur bloc signed their long-negotiated association and free trade agreement on Saturday in Paraguay, with Argentina’s President Javier Milei attending the ceremony and Brazil’s Luiz Inácio Lula da Silva absent, represented instead by his foreign minister.

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