European Commission president Ursula von der Leyen expected to head to Uruguay for summit this week
The EU and South American countries are close to clinching a long-delayed trade deal as European Commission president Ursula von der Leyen flies to Uruguay for the Mercosur summit this week.
Lula was trying to defuse tensions within Mercosur sparked by Argentina’s libertarian President Javier Milei and “wants to unveil some kind of success”, Bartesaghi said. Milei has expressed disdain for the bloc and is expected to use the summit to demand a relaxation of its external trade rules. A minister in one Mercosur country said von der Leyen was expected to attend, adding that “negotiations are under way” on finalising a deal. “It depends more than anything on the EU,” he said.
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