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Paris – The free trade agreement, concluded on Friday between the European Union and Mercosur, will benefit “mainly” Europe, assured Santiago Peña, the President of Paraguay, a Mercosur member state, during a visit to France on Monday in Paris.

This agreement, criticized by several European countries, particularly France, “will mainly bring benefits to Europe, and also to Latin America,” Mr. Peña told AFP, before a scheduled meeting on Monday afternoon with his French counterpart Emmanuel Macron.

“We need to try to understand better, we need to overcome our fears,” the Paraguayan president further stated, adding that “processes of change are always difficult because those who feel they will lose a privilege are the first to discover it, and the vast majority of those who will benefit are the last to know.”

Hence the need, according to him, for “information to circulate properly in all sectors,” so that those who are afraid can be reassured and the winners of the agreement know they will “gain enormously.” (December 9, 2024)