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Cake day: April 22nd, 2024

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  • Given the historical record on attempts at Mercosur-EU trade deals, this is likely to fail yet again, since the EU’s agricultural voting bloc (mostly in France and Italy) doesn’t really want the market to be populated by cheaper products from abroad (at least not any more than it already is). But at this point, given the several ongoing food crises that Russia’s invasion of Ukraine caused, the chances for a successful agreement are about as high as they can go, so they might as well go for it.