The European Union and four Latin American countries are preparing for a final push to clinch a controversial free trade deal that has been under discussion for 25 years. Backed by Germany and Spain,

Brazilian President Luiz Inacio Lula da Silva said on Wednesday he hoped a trade deal between the European Union and the South American Mercosur bloc would be signed by the end of this year, even as it faced opposition,

The deal has been 25 years in the making and it aims to create one of the largest free trade zones in the world - but farmers in Europe are heavily opposed to sealing it, saying that they cannot compete with South American livestock producers.

Brazilian President Luiz Inacio Lula da Silva aims to finalize a trade deal between the European Union and the Mercosur bloc by year-end despite French resistance. Lula negotiates directly with EU Commission President Ursula von der Leyen,

Poland opposes the EU-Mercosur free trade deal with South American countries in its current form, the prime minister said on Tuesday, joining France in standing against an agreement European farmers say will expose them to unfair competition.

The EU and the South American trade bloc Mercosur are working to finalize a trade deal that has been in negotiation for over 20 years.

Incoming European commissioners for trade and agriculture in Brussels have been put on notice that key member states are out to block the ratification of the long-delayed EU-Mercosur trade agreement.

In a united appeal from across the Atlantic, 78 business associations representing various industries in the European Union (EU) and Mercosur have urged their respective governments to fast track the finalisation of the EU-Mercosur Free Trade Agreement (FTA).

French farmers protested in Strasbourg on Tuesday against an EU-Mercosur trade deal as they fear it would create unfair competition for them.