By Daniela Desantis and Philip Blenkinsop ASUNCION, Jan 17 (Reuters) - Top officials from the EU and the South American bloc Mercosur signed a free trade agreement on Saturday in Paraguay, paving the
EU and Mercosur sign trade deal after 25 years of negotiations
By Daniela Desantis and Philip Blenkinsop
ASUNCION, Jan 17 (Reuters) - Top officials from the EU and the South American bloc Mercosur signed a free trade agreement on Saturday in Paraguay, paving the way for the European Union's largest ever trade accord after 25 years of negotiations.
The agreement, which has been highly contested in Europe, must now gain the consent of the European Parliament. It also must be ratified by legislatures of Mercosur members Argentina, Brazil, Paraguay and Uruguay, which is expected to be a smoother process.
(Reporting by Daniela Desantis in Asuncion, Philip Blenkinsop in Brussels, and Brendan O'Boyle in Mexico City; Editing by Rod Nickel)
