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EU Pushes Mercosur Deal to Imminent Council Vote as Farmer Blockades Hit France and Germany

Brussels courts a majority with targeted farm concessions to clear the way for a possible Monday signing.

Overview

  • The European Commission proposed lowering tariffs on certain fertilizers and fast-tracking a law to allow temporary suspension of the CO2 border charge for agriculture.
  • EU countries are slated to vote Friday, with approval requiring at least 15 states representing 65% of the bloc’s population and subsequent European Parliament consent.
  • Italy signaled support after the new measures, while France, Poland, Hungary and Ireland declared opposition that falls short of a blocking minority.
  • Farmers mounted tractor blockades at dozens of German autobahn onramps and staged actions in Paris, where officials counted about 100 tractors and reported roughly 150 kilometers of jams.
  • Negotiators continue to refine safeguard clauses for agricultural imports, with Rome pressing to lower the trigger for investigations from 8% to 5%.