Mercosur

India and South America's Mercosur trading bloc have signed an agreement slashing tariffs on more than 900 products in a trade boosting measure.

India's main exports to Mercosur nations included pharmaceutical and chemical products. Imports included edible oils and non-electrical machinery.

[Emmanuel] Macron voted against the Mercosur deal despite securing protections in case European markets were swamped with steak from the Pampas. He […] would rather pander to the farm lobby[…] than tell voters the truth – that the crisis of cattle rearers has nothing to do with Mercosur, and that other sectors, including wine and cheese makers as well as other industries, stand to profit from the deal.