Editorial: El País

• The European Union and Mercosur countries have agreed to create the largest free trade area in the world.
• The agreement will eliminate more than 90% of tariffs on exports between the European Union and Mercosur countries.
• The agreement hinges on compliance with environmental commitments and reducing deforestation.
• The EU seeks to build alliances and promote multilateral global order in response to the unreliability of the US and China.
• There is uncertainty as to whether the agreement will eventually be ratified by enough countries for it to take effect.

Conclusion: Despite doubts about the agreement's ratification, moving forward with it is seen as necessary to reinforce the EU's presence and seek alternatives amidst geopolitical tension and a trade war.

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