The long-awaited deal creates one of the world’s largest free trade areas with 720m potential consumers.

The agreement can be much more than a market-access framework for both blocs. Can political will make it work?

Despite opposition from France, the trade agreement is being provisionally applied as of May 1. Its final entry into force still depends on a vote by the European Parliament.

El acuerdo comercial entre la Unión Europea y Mercosur entró este viernes en vigor, de forma provisional tras 25 años de negociaciones.

The long-awaited deal creates one of the world’s largest free trade areas with 720m potential consumers.