Farmers in Ireland and Spain staged protests against the EU–Mercosur trade agreement, saying it would expose them to cheaper imports and threaten local agriculture and livelihoods.

Farmers in Ireland and Spain staged protests against the EU–Mercosur trade agreement, saying it would expose them to cheaper imports and threaten local agriculture and livelihoods.

Mercosur is the South American trade bloc (Southern Common Market) whose main founding members are Argentina, Brazil, Paraguay and Uruguay. An EU–Mercosur trade agreement — which the story says may be approved and signed soon — would reduce tariffs and open markets on both sides, affecting agricultural and industrial trade flows and therefore prices and business opportunities relevant to residents and companies in Portugal.