Scholz calls for swift EU and Mercosur free trade deal

Seeking to reduce Germany’s economic reliance on China, diversify its trade and strengthen relations with democracies worldwide, Scholz is visiting Argentina, Chile and Brazil, all led by fellow leftists who came to power in the region’s new “pink tide”. — Reuters

BUENOS AIRES: German Chancellor Olaf Scholz has urged a swift conclusion to talks on a free trade deal between the European Union (EU) and the Mercosur South American trade bloc, on the first stop in Buenos Aires of his inaugural tour of the region.

Seeking to reduce Germany’s economic reliance on China, diversify its trade and strengthen relations with democracies worldwide, Scholz is visiting Argentina, Chile and Brazil, all led by fellow leftists who came to power in the region’s new “pink tide”.