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Brazil Senate Approves Landmark EU Free Trade Agreement

3/5/2026

23 4 Full Breakdown

Summary

Story summary

Brazil's Senate ratified a free trade agreement with the European Union on March 4, 2026, creating one of the world's largest free trade areas.
Argentina and Uruguay approved the deal and Paraguay's parliament must approve it.
The agreement eliminates tariffs on 90% bilateral trade and eases beef and soy access to Europe.
The deal follows 25 years of negotiations and has sparked protests by French farmers in several European cities.

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Story summary

Brazil's Senate ratified a free trade agreement with the European Union on March 4, 2026, creating one of the world's largest free trade areas.
Argentina and Uruguay approved the deal and Paraguay's parliament must approve it.
The agreement eliminates tariffs on 90% bilateral trade and eases beef and soy access to Europe.
The deal follows 25 years of negotiations and has sparked protests by French farmers in several European cities.