Italy pushes EU-Mercosur deal as strategic win

Italy pushes EU-Mercosur deal as strategic win

Decoding the news. After two decades of negotiations, the EU and Mercosur have finally concluded the world’s largest trade agreement.  For Italy, it’s a balancing act: tremendous opportunities for wine, cars and pharma, but also risks for rice and livestock farmers.  Ministers Tajani and Lollobrigida frame the pact as both a strategic diversification tool and a test of Europe’s ability to protect its producers. Why it matters. The EU-Mercosur p…