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EU Ambassadors Back Mercosur Deal After Italy Secures Farm Safeguards

Parliamentary scrutiny now looms, with ratification uncertain given French resistance plus mounting street protests.

Overview

  • EU ambassadors delivered a majority green light at Coreper to advance the EUMercosur pact toward signature and provisional application.
  • Italy’s support proved decisive after securing concessions including an advance of €45 billion in future CAP-related funds, a lower 5% trigger for farm safeguards, and temporary relief from CBAM costs on fertilizers with some duties zeroed.
  • Five countries voted against at this stage—France, Poland, Ireland, Austria and Hungary—while Belgium abstained, reflecting persistent political divides.
  • France has publicly declared it will oppose the agreement, even as the Commission pledges tighter reciprocity checks and reinforced border controls for sensitive agricultural imports.
  • Farmer protests intensified across Europe, with tractors reaching central Paris landmarks, roadblocks in Spain including near the French border, and traffic disruption in Milan, as formal Council confirmation and a planned Jan. 12 signing in Paraguay are lined up.