EU and Mercosur finalize text of free trade agreement after 25 years of negotiations
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✓ Verified Facts
European Commission and Mercosur bloc finalized legal text of comprehensive trade agreement
Source: European Commission press release IP/26/0206
95%
Agreement covers market of 780 million people and combined GDP of $22 trillion
Source: European Commission trade statistics
90%
💬 Attributed Claims
French agricultural lobby announced plans to challenge the agreement in European Parliament
Source: FNSEA (French agricultural union) press statement
80%
Other Reported Facts
Ratification by all EU member states expected to take 12-18 months
Source: EU Council diplomatic sources
50%