EU Ambassadors have voted by a qualified majority to support the EU-Mercosur trade deal, RTE's Connelly reports

• France, Poland, Austria, Ireland and Hungary expressed opposition. Belgium abstained. The remaining nations' ambassadors approved the deal.

The approval of the EU-Mercosur trade deal by EU ambassadors indicates a significant step towards enhanced trade relations between the EU and several South American countries. However, the dissent from certain member states like France and Hungary suggests potential hurdles in ratification and implementation, which could create uncertainty for traders in related currencies and commodities.