With Jair Bolsonaro replaced by Lula da Silva as president of Brazil, the EU's trade friends have new hope of finally getting their Mercosur deal through.

Maybe at a summit this summer.

Brazil's President Luiz Inรกcio 'Lula' da Silva during the week's Celac Continental Summit in Buenos Aires.
Brazil's President Luiz Inรกcio "Lula" da Silva during the week's Celac Continental Summit in Buenos Aires.

The major trade agreement between the EU and the four so-called Mercosur countries (Brazil, Argentina, Paraguay and Uruguay) was in โ€ฆ