EU Set to Sign Historic South America Trade Deal Despite French Opposition

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By Lyubov Pronina, Donato Paolo Mancini, and Andrea Palasciano

January 9, 2026 at 11:12 AM UTC

Updated on

January 9, 2026 at 7:17 PM UTC

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A free trade deal between the European Union and the Mercosur bloc of South American countries is set to be signed in Paraguay next week after EU nations backed the agreement Friday.