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EU chief makes final push to secure Mercosur free trade agreement

by theamericannews
December 5, 2024
in Paraguay
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EU chief makes final push to secure Mercosur free trade agreement
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Read morePoland joins France in opposing EU-Mercosur free trade agreement

‘Unacceptable’ 

Farmers in the EU fear the deal would see Europe flooded with cheap imports from countries where producers operate to less stringent environmental, sanitary and labor standards.

French President Emmanuel Macron on Thursday repeated a warning to Von der Leyen that the agreement was “unacceptable in its current state.”

The treaty, under discussion since 1999, aims to eliminate most customs duties between the EU and Mercosur to create a vast market of more than 700 million consumers.

A political agreement was concluded in June 2019 but never ratified amid concerns over the impact of Brazilian farming on climate change, among other factors.

Sources familiar with the negotiations told AFP the new deal would include changes to “several chapters,” including government contracts, services, intellectual property and the environment.

Von der Leyen is planning a joint news conference on Friday in Uruguay with the presidents of Brazil, Argentina, Paraguay and Uruguay, EU officials told AFP.

‘The Commission decides’ 

NGOs and left-wing activists believe that the creation of a vast free-trade zone will accelerate deforestation in the Amazon and worsen the climate crisis by increasing greenhouse gas emissions.

The push by the EU and Brazil particularly to get the deal done comes as Macron appears politically weakened after his government collapsed Wednesday in a no-confidence vote — the first time a French government has been brought down by parliament in over 60 years.

Brazil’s President Luiz Inacio Lula da Silva has shrugged off France’s opposition, saying: “They no longer decide anything, it’s the European Commission that decides.”

But once a possible deal is signed with Mercosur countries, it will need to be ratified by at least 15 EU members representing 65 percent of the EU population, then by a majority in the European Parliament.

Ignacio Bartesaghi, a professor of international relations at the Catholic University of Uruguay, said it was important for Lula to “show some success in Mercosur” to fend off pressure from Argentina and Uruguay for Mercosur states to be allowed to cut bilateral trade deals outside the bloc.

Argentina’s President Javier Milei is pushing for a free trade deal with the United States.

(AFP)

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=6752743f79ee4882baa1d005aa26e1f4&url=https%3A%2F%2Fwww.france24.com%2Fen%2Feurope%2F20241206-eu-south-america-trade-deal-mercosur&c=3853779540525866775&mkt=en-us

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Publish date : 2024-12-05 14:37:00

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