Paraguay will host signing of a free trade agreement between the European Union and the Southern Common Market, known by Spanish acronym Mercosur,

Paraguay will host signing of a free trade agreement between the European Union and the Southern Common Market, known by Spanish acronym Mercosur,

This is the first major trade agreement for Mercosur, which includes Brazil and Argentina, along with Paraguay and Uruguay.

La UE y el Mercosur firmarán finalmente este sábado en Paraguay el acuerdo que creará la mayor zona de libre comercio del mundo.

Brazilian President Luiz Inacio Lula da Silva will not attend Saturday's signing ceremony in for the free trade agreement between Mercosur and the EU.

El Mercosur y la Unión Europea (UE) firmaron, en Asunción, un histórico acuerdo de libre comercio que dará lugar a una de las mayores zonas integradas del mundo