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What is the EU-Mercosur deal?

Asked 1 day ago

Answer

The EU-Mercosur deal is a proposed free trade agreement between the European Union and the Mercosur bloc (Argentina, Brazil, Paraguay, and Uruguay). It aims to eliminate most tariffs, increase trade, and includes concessions to address EU farmers' concerns about competition and standards. The deal has sparked protests in France and other countries over fears of unfair competition and threats to local agriculture.

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Euronews

EU member states back Mercosur deal, French MEPs vow fight

Euronews · Current
Euronews
Euronews
Current
  • EU member states approved the Mercosur trade deal after two decades of talks
  • France, Poland, Austria, Hungary, and Ireland voted against; Belgium abstained 19s
  • Opponents warn of unfair competition for EU farmers from Latin American imports 25s
  • Commission added concessions, including €45 billion in agricultural policy funds 33s
  • Final approval requires European Parliament consent 58s

References

EU member states back Mercosur deal, French MEPs vow fight
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Euronews
1 day ago
EU member states back Mercosur deal, French MEPs vow fight

The deal ends over two decades of negotiations between the EU and Mercosur countries—Argentina, Brazil, Paraguay, and Uruguay—and years of internal EU division.

EU Commission piles up concessions for Paris to seal Mercosur deal
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Euronews
3 days ago
EU Commission piles up concessions for Paris to seal Mercosur deal

The Commission claims the EU-Mercosur agreement will benefit farmers, projecting a 50% increase in EU agri-food exports to the region and the removal of tariffs currently as high as 55%.

Von der Leyen pledges early funding to farmers
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Euronews
4 days ago
Von der Leyen pledges early funding to farmers

If approved, the Mercosur trade agreement would eliminate 90% of customs duties between the EU and Mercosur countries.

EU ministers to hold talks ahead of possible Mercosur deal signing
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Euronews
5 days ago
EU ministers to hold talks ahead of possible Mercosur deal signing

The Mercosur deal aims to create a free trade area with Argentina, Brazil, Paraguay, and Uruguay.

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