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EU Moves Toward Mercosur Deal as France Plans Import Suspensions Over Banned Pesticides

Brussels has offered early access to €45 billion in farm support to ease resistance from growers.

Overview

  • EU ambassadors are expected to give a green light on Friday after a special agriculture ministers meeting, with a formal signing penciled in for January 12 in Asunción pending final approvals.
  • The European Commission has circulated extra concessions and a safeguard mechanism that could be triggered if Mercosur chicken or beef imports significantly depress EU prices.
  • France announced a decree to suspend sales of imported produce containing residues of substances banned in the EU, naming mancozeb, glufosinate, thiophanate-methyl and carbendazim.
  • The French measure lists potential targets such as avocados, mangoes, guavas, citrus, grapes, apples, melons, cherries, strawberries and potatoes from South America or elsewhere.
  • Paris says the decree requires European Commission approval within 10 days, while France and Poland still voice reservations that have not gathered a blocking minority.