Jan. 22 (UPI) -- The governments of Uruguay, Argentina, Paraguay and Brazil are moving forward with their internal ratification processes for the trade agreement between Mercosur and the European Union.
That is occurring despite a decision by the European Parliament to delay final approval and submit the text for legal review to the Court of Justice of the European Union.
The treaty, signed Saturday after more than two decades of negotiations, must be ratified by national legislatures. In South America, governments say that advancing domestic approval is key to maintaining political momentum, even as the European process remains uncertain.
In Europe, the agreement still faces additional legal scrutiny beyond political approval, a step that could delay or even block its application regardless of progress in Mercosur countries.
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