Key insights
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EU Commission framed the deal as a strategic trade shift: The European Commission argued the agreement is part of a push to unlock new markets to offset business lost to US tariffs and to reduce reliance on China by securing access to critical minerals.
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Safeguards and concessions were used to win support: The European Commission added safeguards, stronger import controls, a crisis fund, accelerated farmer support, and a pledge to cut fertiliser import duties, and diplomats said these concessions persuaded Italy to shift its position.
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Political and environmental opposition remains active: French opposition parties lodged no-confidence motions against Macron’s government over farmer protection, and Friends of the Earth called the accord a “climate-wrecking” deal.
Takeaways
The EU has moved the Mercosur free trade agreement closer to signature and parliamentary approval, while farmer protests and political and environmental opposition continue.
Topics
World & Politics Policy & Regulation International Affairs Trade & Tariffs