US EditionWhat to Know About the EU-Mercosur Deal
40 Articles
40 Articles
France’s frontal opposition to the trade agreement between the EU and Mercosur and Italy’s last-minute doubts are testing the patience of Brazilian President Luiz Inácio Lula da Silva, who this Wednesday launched an ultimatum to Europeans, three days from the summit where the pact was in theory to be signed: “I already warned that, if it isn’t now, Brazil will not make any more agreements [with the EU] while I am president,” he said visibly irri…
EU-Mercosur Trade Accord: Bridging Continents Amid Controversy
The EU-Mercosur trade agreement aims to remove substantial tariffs and increase market access for both parties. While supporters highlight its economic benefits and diversification potential, critics warn of environmental concerns and impacts on EU farming. The deal faces opposition from key EU member states, complicating its approval path.
President Luiz Inácio Lula da Silva says Brazil will withdraw from negotiations on a trade agreement with the EU if the draft currently on the table is not adopted.
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