Particle.news

Download on the App Store

EU Finalizes Mercosur Trade Deal Amid Strong Opposition

The agreement, 25 years in the making, faces resistance from France and other EU nations over environmental and agricultural concerns.

  • The European Commission and Mercosur countries concluded negotiations on a free trade agreement, covering over 90% of tariffs between the two blocs.
  • France, Poland, and Italy have expressed strong opposition, citing inadequate environmental safeguards and risks to local agriculture.
  • Supporters, including Germany and Spain, highlight economic benefits, such as increased market access for EU industries and reduced dependence on Chinese raw materials.
  • The deal includes commitments to combat deforestation and adhere to the Paris Agreement, but critics argue enforcement mechanisms are insufficient.
  • The agreement requires ratification by EU member states and the European Parliament, with a potential minority bloc capable of blocking its implementation.
Hero image