On Saturday, I was in Asuncion in Paraguay to sign the EU Maricosur trade agreement. It was a breakthrough after two 25 years of negotiations. And with it, The European Union and Latin America have created the largest free trade zone in the world. A market worth over 20% of global GDP. 31 countries with over 700 million consumers aligned with the Paris Agreement. (05:18–05:25)
CLAIM
Asserts that the EU and Latin America have formed the largest free trade zone globally.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.