Mercosur & Paraguay

Mercosur: Mercosur entered into a provisional trade deal with the European Union, which is expected to boost its exports, particularly in agribusiness, and create a large trans-Atlantic market. This agreement is seen as a response to unilateral tariffs and a reaffirmation of multilateralism.

Paraguay: Paraguay is one of the Mercosur nations whose leaders are expected to celebrate the provisional agreement with Ursula von der Leyen, anticipating benefits from the trade deal.

Mercosur: Mercosur is the other key party in the EU-Mercosur deal, which is the subject of protests and political debate regarding its potential impact on European agriculture.

Paraguay: Paraguay is a Mercosur country involved in the trade deal, though its specific impact on the current protests is less highlighted than Brazil's.

Mercosur: Mercosur is a bloc with which India is trying to expand its preferential trade agreement to a more robust trading arrangement.

Paraguay: Paraguay is a member of Mercosur, with which India is seeking to expand its trade arrangement.