Mercosur/European Union trade agreement signing delayed because of a demand from France for guarantees referred to as “environmental and health standards” from country members of the South American block. Read full article
Some years ago I accompanied a truck driver on a delivery to a large agricultural fruit plantation in the interior of Rio Grande do Norte, Brazil. While the cargo was being unloaded, I had the opportunity to speak with the business manager. He indicated that all their production was sold to EU buyers, but they would love to crack the US market. The Americans, however, were duplicit in blocking these attempts under the guise of “environmental and health standards”. This was done (and still is, as far as I can see) in order to protect the profit margins of interested and connected parties from competitive trade.
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Disclaimer & comment rulesSome years ago I accompanied a truck driver on a delivery to a large agricultural fruit plantation in the interior of Rio Grande do Norte, Brazil. While the cargo was being unloaded, I had the opportunity to speak with the business manager. He indicated that all their production was sold to EU buyers, but they would love to crack the US market. The Americans, however, were duplicit in blocking these attempts under the guise of “environmental and health standards”. This was done (and still is, as far as I can see) in order to protect the profit margins of interested and connected parties from competitive trade.
Feb 09th, 2021 - 10:32 am - Link - Report abuse 0Fort Hay
Feb 09th, 2021 - 12:00 pm - Link - Report abuse 0The problem is complicated by Brazil's high tariffs on imported goods from the USA.
In a level playing field Brazil rightfully worries that imported goods could destroy its domestic production.
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