The EU-Mercosur trade agreement has been signed. But at Berlin's agricultural fair, not everyone is happy. Many German farmers fear increased competition from South America.
Breakdown
- EU-Mercosur deal allows 100,000 more tons of South American beef into the EU 14s
- German farmers worry about competition due to higher production standards 38s
- EU expects meat prices to fall by no more than 2% after the agreement 1m 10s
- Agreement includes safeguards, import controls, and 45 billion euros in aid 2m 11s
- Deal still needs ratification by EU and Mercosur parliaments 2m 52s