EU Will Provisionally Start the Mercosur Trade Pact on May 1 Despite French Farm Sector Protests

EU announced the provisional application of the Mercosur trade agreement starting May 1 following ratification by South American partners.The deal eliminates tariffs on 90 percent of goods between the blocs to create a free trade zone serving 700 million people.Emmanuel Macron criticized the move as farmers expressed concern over lower regulatory standards for agricultural imports like beef and poultry.Implementation proceeds while the EU reviews the legality of the pact after a challenge regarding the treaty text.
Published:3h
Tags
Read more
Discuss