Germany’s Scholz Says ‘Important Hurdle’ Overcome On Mercosur Deal

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Germany’s Chancellor Olaf Scholz on Friday hailed the conclusion of a deal between the European Union and South America’s Mercosur that would create the world’s biggest free-trade zone.

“After more than 20 years of negotiations, the Mercosur countries and the EU have reached a political agreement. An important hurdle for the agreement has been overcome. This will create a free market for more than 700 million people along with more growth and competitiveness,” Scholz said on X.

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