EU and Mercosur trade deal moves closer as von der Leyen visits Uruguay

rfi.fr

European Commission President Ursula von der Leyen is in Uruguay to finalize a trade deal between the EU and the South American Mercosur bloc. This agreement aims to create a market of about 700 million people, despite objections from some EU countries, particularly France. French President Emmanuel Macron has criticized the deal, citing concerns for local farmers who fear competition from South American agricultural exports. Protests from farmers in Belgium and France highlight their worries about unfair market conditions and lower standards for imports. If the deal is reached, it would reduce tariffs and trade barriers, benefiting businesses on both sides. However, final approval may still depend on the consensus of EU member states, which could complicate the process.


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