Commission launches Mercosur deal ratification amid political tensions
Euronews · Recent
Euronews
Recent
The European Commission is giving in to French demands by strengthening oversight of the most sensitive agricultural markets, in the hope of defusing resistance from farmers.
Breakdown
- The European Commission has launched the ratification process for the Mercosur trade agreement.
- Safeguard clauses and a 6.3 billion euro safety net are proposed to protect EU farmers. 20s
- Imports of sensitive products like beef, sugar, and poultry will be closely monitored. 51s
- Skepticism remains among the agricultural sector about the effectiveness of safeguards. 1m 19s
- The agreement awaits approval from the European Parliament and a qualified majority of member states. 1m 49s