ISDS Case Map
Mercosur
Analysis by the United States Department of Agriculture point out that the country has US$ 4 billion in agricultural exports that may be affected to some extent by the European Union-Mercosur trade deal.
Portugal will try to conclude a free-trade agreement between the EU and the South American trade bloc Mercosur during its six-month EU presidency, and attempt to expand Europe’s ties with other potential trade partners.
At least nine EU countries want the trade deal with South America.
South America’s Mercosur countries will address environmental concerns raised by the European Union that have stalled ratification of a free trade deal between the two trade blocs, Argentina’s foreign minister said.
This trade agreement aims to boost an export-oriented agricultural model that harms small-scale farmers, indigenous peoples, traditional and rural communities, in Mercosur and EU countries.
The EU-Mercosur agreement is inconsistent with the EU’s recently announced Farm-to-Fork Strategy, which aims to dramatically reduce pesticide use and completely ban any residue on food of pesticides not registered for use in the EU.
Until Brazil makes a political commitment to curb deforestation in the Amazon rainforest, the trade deal between the European Union and Mercosur will not advance toward ratification in Europe, the EU’s envoy in Brasilia said.
The business confederations of Mercosur and BusinessEurope gather today to reiterate their full support to the EU-Mercosur agreement and their commitment to ensure its rapid ratification and implementation.
This is about survival: scientists warn that the Amazon is approaching a tipping point beyond, which the rainforest cannot sustain itself. If that happens, there would be a massive die-off of plant and animal species.
Bilateral trade agreements often act as door-openers for the manufactured products of multinational food companies. Milk powder with vegetable fat is an example.
