The fundamental bargain is quasi colonial: this means that Mercosur countries are left with the task of providing commodities, agricultural produce, ore and energy products, while the EU will provide higher value-added products and services.
MERCOSUR agreement supports state’s current trend of increasing exports, opening of new markets, says Minister of Trade and Industry Nevine Gamea.
The Association of German Chambers of Industry and Commerce defended the agreement as it “could provide the urgently needed boost to the economy, during the current crisis.”
German Chancellor Angela Merkel expressed "significant doubts" over the EU-Mercosur free trade deal on concerns over the devastating deforestation of the Amazon rainforest.
The agreement builds on rules facilitating commerce already in effect between Chile and Mercosur bloc nations Brazil, Argentina, Paraguay and Uruguay.
An estimate by Brazil´s Confederation of Agriculture and Livestock (CNA) points out that the conclusion of a free trade agreement between Mercosur and Canada has the potential to increase Brazilian export revenues of agricultural products by US$7.8 billion.
The president of the Irish Creamery Milk Suppliers’ Association (ICMSA), has said the very first item the newly appointed EU Chief Trade Enforcement Officer (CTEO) must deal with is “multiple aspects of the trade deals permitting the importation of South American beef”.
European Ombudsman has opened an inquiry into why the European Commission did not finalize an updated Sustainability Impact Assessment before the conclusion of the Mercosur-EU trade agreement in June 2019.
Corporations are busy weaponising obscure legal instruments to sue government for their actions to save lives and jobs during the coronavirus crisis.
One year ago, Bolsonaro, Macri, Macron and Merkel announced the “biggest economic area in the world”. It is unlikely that anything will come of it.
The Commission published the draft version of the final assessment of the potential economic, social, environmental and human rights impact of the trade part of the association agreement between the European Union and Mercosur.
The European Union-Mercosur free trade agreement faces growing opposition from European national governments, EU parliamentarians, and non-profit organizations, in addition to Latin American entities, putting its ratification at risk.
Singapore and the Southern Common Market of South America (MERCOSUR) have experienced a delay in their FTA negotiations after Argentina announced its decision to withdraw from ongoing negotiations on potential trade deals.
While the agreement still has to be approved by the European Parliament and Council, farmers and environmental NGOs remain disappointed.
Mercosur ministers reported progress on the final text of a trade agreement with the European Union on the eve of a summit meeting overshadowed by French President’s latest comments against the deal.
265 civil society organisations call on the Federal Governments and the EU Commission and EU-Parliament to reject this agreement!
The agreement could have serious ecological and human rights repercussions, new study warns.
The European Commission has ignored its legal obligation to ensure the trade agreement with the ‘Mercosur’ group of South American countries will not lead to social, economic, environmental degradation and human rights violations.
A free trade agreement between the EU and four South American countries, known as the Mercosur trade bloc, has been voted down by the Dutch parliament.
This briefing is meant to provide a discussion for NGOs in Brazil who want to understand the implications of this deal for people and forests and take action.