Mercosur eyes free trade with EU

Paraguayan Foreign Minister Eladio Loizaga, pictured on September 22, 2015, said Mercosur will discuss a free trade deal with the European UnionSouth America’s Mercosur countries are set to meet Monday to initiate talks on a possible free trade deal early next year with the European Union. Foreign and economy minsters from the group are hoping that details of the proposed deal can be hammered out in the next few months, Paraguay’s Foreign Minister Eladio Loizaga said on Sunday.

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