Paraguay became the latest—and final—South American country to ratify the long-awaited trade agreement between Mercosur and the European Union on Tuesday. Signed in January, the agreement will create the world's largest free trade zone once it enters into force, with a market representing nearly 20% of global GDP. (AP Video: Emilio Sanabria) #paraguay #mercosur #europe Subscribe: http://smarturl.it/AssociatedPress Read more: https://apnews.com​ This video may be available for archive licensing