French President Emmanuel Macron told his Argentine counterpart Javier Milei once again during their meeting Sunday at Casa Rosada that his country would not sign the European Union (EU)-Southern Common Market (Mercosur) Free Trade Agreement (FTA) “as is.”
Add your comment!France will not be signing a Free Trade Agreement (FTA) between the European Union and the Southern Common Market (Mercosur), the Russian news service Sputnik reported Thursday. In fact, Paris will do its utmost to block it.
Add your comment!Presidents Javier Milei of Argentina and Emmanuel Macron of France got together Friday at the Elysee Palace ahead of the opening ceremony of the Paris 2024 Olympic Games to discuss ongoing world affairs and bilateral issues. It is the South American leader's 12th trip abroad since his inauguration on Dec. 10, 2023.
By Oliver Pieper - The free trade deal between the European Union and the South American trade bloc Mercosur could become the world's largest agreement, involving a market of a total of 780 million people. But in late March, French President Emmanuel Macron not only described it as “a very bad agreement,” he even suggested it should be “left behind” and called for “a new agreement.”
The Mercosur/European Union trade and cooperation agreement, “is a complicated process but it is also a matter of time and timing”, according to Rupert Schlegelmilch, chief EU negotiator of the accord who recently visited Mercosur country and associate members to meet government officials and business groups to confirm EU's determination to finish the deal.
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.