09 Jul 2019 --- The European Dairy Association (EDA) has welcomed the EU-Mercosur free trade agreement, which the European Commission (EC) anticipates will lead to collective yearly savings of more than €4 billion for European export businesses. Conversely, the trade deal has sparked disapproval in other sector representatives such as the European Milk Board (EMB), who fear a surge in competitive imports of South American goods to the EU.