"In a post on the platform X, EU Commission President Ursula von der Leyen referred to the two deals as "milestones," adding that the EU was doubling down on the "diversification" of it strade ties."
"French government spokeswoman Sophie Primas said the commission had "heard the reservations" of several countries."
"The agreement would see Mercosur members progressively remove tariffs on 91% of EU imports, including cars, machinery and pharmaceuticals."
"The Mercosur bloc encompasses Brazil, Argentina, Bolivia, Paraguay and Uruguay."
The EU Commission signed off on a major trade deal with the Mercosur bloc and a separate deal with Mexico, both requiring further approval by EU member states. The Mercosur agreement would have Mercosur members progressively remove tariffs on 91% of EU imports, including cars, machinery and pharmaceuticals. In return, the five South American countries would gain easier access for agricultural goods to EU markets. Talks began in 1999 and stalled several times. The deals prompted opposition from EU farmers and environmental groups, and some member states, notably France, expressed reservations.
#eu-mercosur-trade-deal #tariff-liberalization #agricultural-market-access #environmental-and-farming-opposition
Read at www.dw.com
Unable to calculate read time
Collection
[
|
...
]