EU-Mercosur Trade Deal Delayed Amid Internal Disagreements and Farmer Protests

The EU-Mercosur trade deal, aimed at creating the world's largest free-trade zone, faces significant delays due to internal disagreements among European nations. Originally set for signing in January, the agreement, under negotiation for over 25 years, has stalled as European farmers voice protests and political divisions emerge.

Key figures highlight the EU's decision-making challenges, leading to a credibility crisis that hampers progress. President Lula of Brazil has expressed frustration over the EU's hesitance, emphasizing the need for political courage to finalize the deal.

Meanwhile, contrasting views within Mercosur reveal tensions over regional issues, complicating the path toward an agreement. As other partnerships are considered, the promise of the Madrid Summit remains largely unfulfilled.