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South Africa Warned of Rising EU Competition Under Mercosur Trade Deal

Summary by freshplaza.com
South African agriculture could face increased competition in the European Union market as the EU moves closer to finalising a trade agreement with the Mercosur bloc, according to Wandile Sihlobo, South Africa's Presidential Envoy on Agriculture and Land and chief economist of the Agricultural Business…
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The Paraguayan Chamber of Exporters (Capex), expressed its “extreme concern” at the continued appreciation of the Guaraní against the dollar, a situation that, according to the guild, is generating increasingly adverse conditions for the export sector. Through a statement, Capex pointed out that since September 2025 it has warned about this phenomenon, which forces many companies to operate with virtually zero margins or even loss to sustain the…

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Freight News broke the news on Wednesday, May 6, 2026.
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