ISDS Case Map
Mercosur
Indonesian President Prabowo Subianto stated that Indonesia and Brazil agreed to immediately start the comprehensive economic partnership agreement (CEPA) negotiations between Indonesia and the Southern Common Market (Mercosur).
India and Brazil have launched discussions to expand the scope of the preferential trade agreement between India and the South American trade bloc Mercosur, whose founding members are Argentina, Brazil, Paraguay and Uruguay.
These protests come a week after the EU Commission unveiled detailed proposals to protect farmers from being undercut by imports from South America as it seeks to build support for this deal.
Canada and the Southern Common Market further explored on Friday a possible free trade agreement during a meeting in Brasilia between chief negotiators and technical teams.
Inserted into a parliamentary resolution, a few lines welcoming the Mercosur agreement were rejected by a majority of European lawmaker.
The EU-Mercosur agreement foresees an additional safeguard clause meant to protect European farmers if imports surge and threaten the EU industry. However, the safeguard is designed in such a way that it will never realistically be triggered for poultry meat.
The European Commission has proposed additional measures to reassure European farmers that they will not suffer from the EU-Mercosur trade deal.
US President Donald Trump's tariffs have unleashed an unprecedented burst of free trade agreements and negotiations towards them by partners seeking to offset potential lost exports to the United States.
French farmers staged a protest today outside the Palace of Versailles against the free trade agreement between the European Union and the South American trading bloc Mercosur.
