Part 6/6:
Conclusion: A Need for Equitable Trade Relations
The EU-Mercosur agreement illustrates the ongoing complexities of international trade and the inherent inequalities that favor rich countries over developing nations. As the global landscape evolves, it becomes increasingly essential for trade negotiations to prioritize equitable relations and foster sustainable development. Unless a concerted effort is made to address these power disparities, the legacy of colonialism will continue to shape and hinder global trade, leaving many countries in the South at a significant disadvantage.