French President Emmanuel Macron told a business forum in São Paulo that the Free Trade Agreement (FTA) between the South American Common Market (Mercosur) and the European Union (EU) needed to be ”renegotiated from scratch,” Agencia Brasil reported.
European Parliament elections are scheduled for next June, so the European Commission faced with growing protests from farmers and their marches on some of the main cities, Berlin, France and Brussels, has in response proposed concessions on climate and environmental measures.
Paraguayan President Santiago Peña, who holds the pro-tempore presidency of the South American Common Market (Mercosur), ruled out Wednesday in Madrid an agreement with the European Union (EU) this year while insisting that his trip to Spain was more to offer than to ask.
In a move to address the ongoing protests by French farmers, Prime Minister Gabriel Attal unequivocally declared France's rejection of the EU-Mercosur free trade agreement. The decision, previously hinted at by President Emmanuel Macron, aims to alleviate the grievances of farmers who have been blocking roads and highways across the country. France's two largest farmers' unions said in a statement that they will lay siege to Paris from Monday.
The European Union's Commissioner who was due to attend the Dec. 7 Mercosur Summit in Rio de Janeiro to sign the trade agreement between both blocs has canceled his trip, it was reported Sunday. According to the Financial Times, Valdis Dombrovskis shall not be attending the event, which in addition to announcements in Buenos Aires and Brasilia coupled with further negative statements from French President Emmanuel Macron, would amount to the end. at least for now, of the much-heralded agreement.
In a strong plea for progress on the Free Trade Agreement between the European Union and Mercosur, Uruguayan President Luis Lacalle Pou demanded an end to decades of fruitless negotiations, urging the involved parties to reach an agreement.
Argentina Tuesday handed over the Pro Tempore Presidency of Mercosur to Brazil and Uruguay refused to sign the joint declaration after the bloc's 62nd Summit in the Argentine city of Puerto Iguazú in the northeastern province of Misiones.
Portugal's President Marcelo Rebelo de Sousa said Wednesday it was essential that an agreement between Mercosur and the European Union (EU) be concluded as soon as possible, Agencia Brasil reported. Rebelo made those remarks during a forum in Lisbon which was also attended by Brazilian Vice President Geraldo Alckmin, who is also the South American country's Minister of Development, Industry, Commerce, and Services.
France's National Assembly (Lower House) Tuesday voted 281 to 58 against the approval of the EU- Mercosur trade deal on the grounds that it “may encourage” deforestation, among other issues contrary to the country's interests, it was reported in Paris.
France's Junior Trade Minister Olivier Becht expressed his concerns said this week during his visit to Brazil about concluding the EU-Mercosur deal too hastily. While his country does want a deal concluded between the European Union and South America’s Mercosur, Becht warns against entering into it too quickly, without assurances on environmental and social issues.