US EditionEU races to win over Italy on Mercosur trade deal, says EU lawmaker
Italy's position is pivotal as EU institutions offer safeguards to secure approval amid French-led opposition demanding stronger protections for farmers.
- A trade deal between the EU and Mercosur countries has yet to be ratified, though it could open new markets for European exporters.
- France, the EU's biggest agricultural producer, seeks to form a blocking minority against the Mercosur deal, deeming safeguards for farmers offered by the European Commission as incomplete.
- While Poland, Hungary, Austria and Ireland sympathize with France's position, Italy's vote could be crucial in determining the deal's fate, with its industrial confederation favoring it but farmers opposing it.
58 Articles
58 Articles
By JOHN LEICESTER and SAM McNEIL PARIS (AP) — French farmers are leading the opposition to a massive transatlantic trade deal between five South American nations in the Mercosur bloc and the 27-nation European Union, which officials say is likely to be delayed. This week, farmers demonstrated across France, using heavy tractors to build makeshift barricades and block roads—tried-and-tested methods of pressuring the French government that have pr…
EU races to win over Italy on Mercosur trade deal, says EU lawmaker
Germany and the EU executive have been making a last-ditch attempt to convince Italy to back a free trade agreement with South American bloc Mercosur, which will falter if not signed soon, a leading EU lawmaker said on Tuesday.
The Gaul country's request to delay the approval of the treaty by next year would be assumed as a "loss of credibility" of the EU's trade strategy. Italy could tip the balance and temporarily block an agreement that has been negotiated for 25 years.More protection and more money for European agriculture to approve Mercosur's agreement with the EU this year France's proposal to delay the approval of the European Union's trade agreement with Merco…
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