Top Signal: EU Provisional Approval of the Mercosur Deal
After decades of negociation, this week, the European Union’s long-negotiated trade agreement with the South American Mercosur bloc (Brazil, Argentina, Paraguay, Uruguay) was finally given the green light by EU ambassadors after decades of negotiation, even as several member states, including France, Ireland, Austria, Hungary, and Poland, reportedly voted against it. In addition to significant pushback at the diplomatic level, this week also witnessed significant farmer protests erupting on roads within several EU member states.