The pact, of historical dimensions, would create a market of 2.000 billion people and concentrate almost a quarter of the global economy. In a world that is rapidly fragmenting, with major powers revising their strategic dependencies,

Uruguay, Argentina, Paraguay and Brazil are moving forward with internal ratification processes for the trade agreement between Mercosur and EU.

The 27-nation bloc struck a trade deal with Trump in July.

The European Union and the Mercosur bloc of South American countries have formally signed a long-sought landmark free trade agreement.

BRUSSELS, Jan 21 (Reuters) - Europe's telecoms operators will get a major boost under a European Commission proposal announced on Wednesday, allowing them to use radio spectrum for an unlimited duration,

The pause of a trade pact between the EU and Mercosur exposes deep internal divisions within Europe over agriculture and trade liberalization.

Following President Trump's tariff threat over lack of support for U.S. control of Greenland, the European Union paused its approval of a U.S. trade deal from last summer. NBC News' Keir Simmons details what the move means for American relations with major allies.

The European Parliament has decided to have the contested EU free trade agreement with four countries from the Latin American Mercosur bloc reviewed by the European Court of Justice (ECJ). At a vote on Wednesday,

European Union ambassadors reached a broad agreement on Sunday to intensify efforts to dissuade US President Donald Trump from imposing tariffs on European allies, while also preparing retaliatory measures should the duties go ahead,