INDUSTRY LOSES HOPE FOR AN EU-MERCOSUR TRADE DEAL

The garment and textile industries in the European Union (EU) and the Mercosur region of South America (Southern Common Market, in the Spanish initials) are losing hope after 25 years of negotiations to finalise a long-touted trade agreement. Often, when both sides thought a deal was almost reached, there has been a setback for a deal that would link the 27 EU member states with Argentina, Brazil, Paraguay and Uruguay. For instance, on January 29 (2023), Luis Tendlarz, president of the Federation of Argentine Textile Industries (La Federación de Industrias ...


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