EU-Mercosur trade deal could turn South America into a critical minerals powerhouse

The emphasis on critical minerals comes amid a broader geopolitical scramble for resources essential to green and digital economies The free trade agreement between the European Union (EU) and the Mercosur bloc (Argentina, Brazil, Paraguay and Uruguay) could help turn South America into a major player in the global market for critical minerals and rare earths, EU Trade Commissioner Maroš Šefčovič said in an interview with EFE from Asunción.

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