We Are Creating the Largest Free Trade Zone in the World! #MERCOSUR A historic moment for global trade. Speaking at the signature of the EU–Mercosur partnership agreement in Asunción, President Ursula von der Leyen announces the creation of the largest free trade zone in the world, representing almost 20% of global GDP and 700 million citizens. This agreement is a clear signal to the world: Europe chooses fair trade over tariffs, long-term partnership over short-term conflict, and real benefits