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EU Aims for 2023 Mercosur, Mexico Trade Deals

EU Commission President Ursula von der Leyen wants to finish trade talks with Mercosur and Mexico this year.

She made this clear in her State of the Union speech. "Smart trade creates good jobs and wealth," she said.

Earlier this year, the EU and Mercosur resumed their trade talks. They had reached a first-stage agreement in 2019 after twenty years.

New environmental rules from the EU have slowed the talks. Argentina, Brazil, Paraguay, and Uruguay opposed these rules.

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