EU, South America Near Deal on Elusive Mercosur Trade Pact
- Von der Leyen, Lula to give final political push this weekend
- Significant progress made on environmental, technical issues
Luiz Inacio Lula da Silva and Ursula von der Leyen at the Planalto Palace in Brasilia, Brazil, in June.
Photographer: Arthur Menescal/BloombergThis article is for subscribers only.
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The European Union and South America’s biggest economies are closer than ever to concluding a major trade agreement more than two decades in the making, with leaders from both regions optimistic they can strike the elusive deal next week.