Mercosur's four members are split over how to share their new EU export quotas, and they have until September to agree or risk a free-for-all.
Trade
Key Facts
—The dispute. Mercosur’s four members cannot agree on how to divide the export quotas the European Union has granted them.
—The deadline. The bloc must tell Brussels by September how it will split the quotas going forward.
—The default. With no deal, the quotas run first-come, first-served, which some call the law of the jungle.
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