Brazil's Economy Minister Paulo Guedes Thursday said he had heard from European representatives a renewed interest in closing a trade deal with Mercosur.
Portugal which last week took the rotating presidency of the European Union for six months as of January 1st, said that it will try to conclude the bloc’s free trade agreement with Mercosur, agreed in 2019 after two decades of negotiations that have not yet been finalized.
Analysis by the United States Department of Agriculture’s Foreign Agricultural Service (FAS / USDA) point out that the country has US$ 4 billion in agricultural exports that may be affected to some extent by the trade agreement between the European Union and Mercosur. The agreement has yet to be ratified by national parliaments.
Brazil's biggest lobby group for soy farmers Aprosoja has broken ties with the Brazil Agribusiness Association (Abag) over its support for an initiative calling on the Brazilian government to rein in soaring deforestation in the Amazon rainforest.
Brazil hit back Tuesday at European reluctance to finalize a trade deal between the EU and Mercosur blocs over concerns about Amazon deforestation, saying a French report on the issue was motivated by “protectionist interests.”
The European Union expects a clear commitment from Mercosur countries, particularly Brazil, that it will respect the sustainability issues included in the EU/Mercosur trade agreement, before any deal is ratified.
Brazil's President Jair Bolsonaro signed a decree to ban burning throughout the country for two months, government sources said, as the authorities scramble to defuse the Amazon fires which have triggered a global outcry.
French anti-government protesters put up a large poster of Jean-Baptiste Moreau, one of President Emmanuel Macron's farming experts, with the word “Wanted” on it outside a local government building on Tuesday, as anger over recent trade deals escalates.
The European Union and Mercosur reached on Friday a political agreement for an ambitious, balanced and comprehensive trade agreement. The EU is the first major partner to strike a trade pact with Mercosur, a bloc comprising Argentina, Brazil Paraguay and Uruguay.
A protest by the Irish Farmers’ Association (IFA) is taking place at the European Commission offices in Dublin over the “double standards of the commission” in their reckless pursuit of a sell-out trade deal” with the Mercosur trade bloc.