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World
Mercosur-EU trade deal begins May 1
April 25, 2026
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The long-anticipated Mercosur-European Union trade agreement is set to come into effect on May 1, signalling a transformative shift in global trade dynamics and Brazil's economic strategy. The deal establishes the largest bilateral free trade zone in the world, encompassing a combined market of 720 million people and a GDP of approximately 22 trillion, as reported by Brasil 247.

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