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Top 5 mercosur News Today

#1
How France failed to stop the Mercosur deal
#1 out of 5
politics1d ago

How France failed to stop the Mercosur deal

  • France failed to stop or water down the EU-Mercosur trade deal as the Commission moved toward approval, despite Paris’s objections.
  • Macron dissolved the National Assembly and scheduled elections, weakening France’s leverage in EU talks.
  • France faced a rotating slate of four foreign trade ministers in 2024, undermining coalition-building.
  • Italian Prime Minister Giorgia Meloni’s stance shifted, complicating efforts to block the deal.
  • Trump’s tariff announcement in 2025 reduced French leverage by shrinking potential EU alliances against Mercosur.
  • A former minister cited Bayrou’s fall as a shock that deepened political instability and diminished France’s voice.
  • Some officials believed Macron should have pitched the Mercosur deal as an economic opportunity rather than a fight.
  • Von der Leyen’s assessment of the French threat changed as the year progressed, enabling signing of the deal.
  • The article notes a broader context of strategic shifts and domestic instability affecting EU trade diplomacy.
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#2
Argentine farmers look forward to the EU and Mercosur agreement
#2 out of 5
world8h ago

Argentine farmers look forward to the EU and Mercosur agreement

  • Negotiations for a long-delayed EU-Mercosur trade deal have been renewed, aiming to finalize terms this round.
  • The talks involve Argentina and three Mercosur members in a bid to boost regional commerce and energy ties.
  • Leaders seek to address environmental and regulatory concerns within the broader pact.
  • Deal proponents argue the agreement could reshape regional trade and support farmers and exporters.
  • Past negotiations stalled but momentum now exists to advance a comprehensive agreement.
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#3
EU and Mercosur build one of the world's biggest free-trade zones
#3 out of 5
world8h ago

EU and Mercosur build one of the world's biggest free-trade zones

  • The EU and Mercosur are poised to sign a landmark trade deal in Paraguay after 25 years of negotiations, signaling a major expansion of trans-Atlantic commerce.
  • The pact aims to slash tariffs across a broad array of goods, expanding access to Europe’s market for Mercosur and vice versa.
  • Approval from the European Parliament remains a pivotal hurdle before the agreement can take effect, reflecting domestic political frictions within the EU.
  • The signing marks a significant step in trans-Atlantic commerce, even as protectionist voices argue against deeper integration.
  • Paraguay is hosting the signing ceremony, underscoring its central role in the EU-Mercosur pact.
  • Negotiations have endured for more than two decades, reflecting the long arc of regional integration despite global headwinds.
  • Some EU member states remain wary, with protectionist lobbying shaping concessions on environmental safeguards and agricultural quotas.
  • The final ratification hinges on regulatory details, including quotas and safeguards, before the pact can be fully implemented.
  • The agreement envisions one of the world’s largest free-trade zones, spanning a population of over 700 million and a sizable share of global GDP.
  • The reference highlights geopolitical context, noting U.S. and China competition as a backdrop to the EU-Mercosur deal and Latin America’s hedging strategy.
  • Argentina and Brazil anticipate tangible gains, including rapid tariff elimination on key agricultural and industrial goods, boosting exporters' profits.
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#4
How the European Parliament can still block the Mercosur deal
#4 out of 5
politics3h ago

How the European Parliament can still block the Mercosur deal

  • Lawmakers are preparing a European Court of Justice review to assess the deal’s legality, potentially suspending ratification.
  • France and other opponents argue the deal threatens EU farmers due to looser Latin American production standards.
  • EU governments backed the deal, but opponents aim to block it through Parliament’s consent vote.
  • Parliament could require a formal consent vote between February and May depending on the resolution outcome.
  • Green and Left MEPs introduced the resolution seeking a judicial review of the deal’s legality.
  • A court ruling could force negotiations to restart if parts of the agreement are deemed illegal.
  • Provisional application is debated, with some countries urging rapid entry while Parliament’s consent remains uncertain.
  • Some MPs expect only 15 to 20 lawmakers to determine the final outcome in Parliament.
  • The European Union’s top court could assess the legality of a rebalancing mechanism in the deal.
  • If Parliament approves, final consent could follow the provisional application stage, subject to political dynamics.
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#5
Mercosur y UE se alistan para la firma de histórico pacto comercial tras casi tres décadas de espera
#5 out of 5100.00%
world37m ago

Mercosur y UE se alistan para la firma de histórico pacto comercial tras casi tres décadas de espera

  • Mercosur and the European Union are set to sign a historic trade pact in Asunción, completing nearly three decades of negotiations.
  • The pact would create the world’s largest free-trade area, covering roughly 780 million people and a significant share of global GDP.
  • The agreement includes environmental and labor safeguards intended to address European concerns.
  • Italy’s eventual support was pivotal in securing European backing for the deal.
  • France led European opposition, warning the deal could flood the market with cheaper South American products.
  • The signing will coincide with Paraguay's presidency of Mercosur and could lead to broader future deals.
  • Analysts say the deal could expand access for European investment and shield against protectionism.
  • Brazilian researchers estimate agricultural exports could grow with the deal, boosting regional economies.
  • The pact would allow Mercosur and Europe to counter protectionism and boost trade and jobs in the region.
  • Paraguay will chair Mercosur temporarily as the deal moves toward ratification by all parties.
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