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News Opinion If Brussels allows this moment to pass without course correction, others won’t wait. The deal might be imperfect, but irrelevance is far worse a.
According to the European Commission, the FTA, 25 years in the making, is its largest ever in terms of tariff reductions, and will remove over €4 billion ($4.7 billion) in duties on EU exports.
The French president's failure to assemble a blocking minority against the Mercosur deal underscores how his domestic weakness is undermining his clout in Brussels. By contrast, EU Commission President Ursula von der Leyen and Germany have secured an important victory.
EU member states on Friday gave the green light to the signing of the Mercosur agreement, paving the way for a vast trade bloc taking in more than 700 million people across Europe and Latin America. France, however, plans to continue its fight against the deal in the European Parliament.
Representatives of the European Union's member states are expected in Brussels on Friday to finalize the Mercosur free trade agreement with South American countries. At least 15 of the EU's 27 states,...
Le chef de l’Etat a invoqué un « rejet politique unanime » en France pour se positionner contre ce texte, défendu par la Commission, mais décrié par les agriculteurs, qui ont manifesté jeudi en France. « L’étape de la signature ne constitue pas la fin de l’histoire », a-t-il prévenu.
French President Emmanuel Macron said Thursday on X that Paris will oppose the Mercosur trade deal in a crucial vote in Brussels on Friday. If a qualified majority of member states back the agreement, as expected, it would mark a major setback for the French leader.
Scores of tractors were driven into Paris in protest over a EU deal that would create the world's largest free-trade area. Some farmers fear they will be undercut with cheaper goods from South America.
