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Analysis: Europe is losing MERCOSUR trade to China

RIO DE JANEIRO, BRAZIL - The delay in the ratification of the free trade agreement signed two years ago with the bloc clears the path for the Asian giant to continue strengthening its position in a vital region in the food sector.

Europe has less and less weight in MERCOSUR; the bloc made up of Brazil, Argentina, Uruguay, and Paraguay is now looking toward China. While the ratification of the free trade agreement signed in 2019 . . .

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