The Mercosur agreement will create a market for 700 million people.

Sources

• PrimaryEuropean Commission - EU-Mercosur trade agreementThe EU-Mercosur trade deal creates a trading zone of 700 million people altogether
• PrimaryCouncil of the EU - EU-Mercosur trade facts and figuresThe European Union and Mercosur trade relationship connects over 700 million consumers across Europe and South America
• PrimaryEuropean Parliament Research Service - EU-Mercosur Partnership AgreementMercosur has an estimated population of over 270 million; combined with EU population creates market of over 700 million