EU-Mercosur Trade Deal Opposition

This is a EU news story, published by CNBC, that relates primarily to EU news.

EU news

For more EU news, you can click here:

more EU news

News about latin america economy

For more latin america economy news, you can click here:

more latin america economy news

CNBC news

For more news from CNBC, you can click here:

more news from CNBC

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about latin america economy, you might also like this article about

Mercosur trade agreement

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest trade agreement news, free trade agreement news, news about latin america economy, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

global lithium reserves

CNBC

•

World

'White gold' seen as pivotal to Europe's massive trade deal with South America

Summary

Nutrition label

86% Informative

After 25 years of talks, EU and Mercosur countries reached a highly anticipated trade agreement on Dec. 6 .

If ratified by the 27 -nation bloc, the EU -Mercosur partnership will create one of the world's biggest free trade zones.

Analysts at Dutch bank ING said the significance of critical raw materials like lithium seemed to be "making less headlines" in the coverage of the free trade agreement, despite the metal's importance to Europe 's economic future.

"The EU -Mercosur trade agreement presents an enormous opportunity to diversify access to critical raw materials such as lithium and copper, which are essential for key industries such as electromobility and renewable energy," the BDI said in a statement on Dec. 6 . "In times of growing global trade fragmentation, this trade agreement sends a clear and strategic message in support of free and rules-based trade," they added..

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful