Macron Criticizes EU-Mercosur Trade Deal During Brazil Visit
French President Emmanuel Macron has expressed strong reservations about the current EU-Mercosur trade agreement, calling for a deal that includes climate and biodiversity considerations.
- Macron denounces the EU-Mercosur trade deal as 'very bad' and outdated, demanding revisions to include environmental standards.
- Analysts argue the deal could benefit France, but Macron's stance reflects domestic political concerns and environmental priorities.
- The proposed agreement aims to create a vast free-trade area, but France's objections center on agricultural imports and environmental standards.
- Brazil remains hopeful for the deal, emphasizing the potential for closer EU relations, while Macron pushes for a new agreement focused on development, climate, and biodiversity.
- Macron's criticism comes amid discussions on improving EU's trade diversification and leveraging Mercosur's critical raw materials for the green transition.