Francois Lo Presti | Afp | Getty Images
Belgian and French farmers block the border at Hensies/Crespin between France and Belgiumwith their tractors during a demonstration against a free trade agreement deal between the EU and Mercosur countries called by French farmers union “Coordination Rurale”, in Crespin, northern France on December 5, 2024.
While some in Europe remain unhappy about the proposed terms, the EU- Mercosur trade agreement was warmly welcomed by the Federation of German Industries (BDI), an umbrella group of German industry-related service producers that employs around 8 million workers.
“The EU-Mercosur trade agreement presents an enormous opportunity to diversify access to critical raw materials such as lithium and copper, which are essential for key industries such as electromobility and renewable energy,” the BDI said in a statement on Dec. 6.
“In times of growing global trade fragmentation, this trade agreement sends a clear and strategic message in support of free and rules-based trade,” they added.
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Publish date : 2024-12-09 17:16:00
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