France: EU-Mercosur deal will not be signed at G20 in Brazil
France says the EU-Mercosur free-trade deal “will not be signed” at next week’s G20 Leaders Summit in Rio de Janeiro.
France says the long-stalled free-trade agreement negotiated between the European Union and Mercosur nations, which Paris opposes, “will not be signed” at next week’s G20 Leaders Summit in Rio de Janeiro.
French Agriculture Minister Annie Genevard said the President of the European Commission, Ursula von der Leyen, “is perfectly aware of France's position on Mercosur, as well as that of other countries, and that is why this agreement will not be signed in Rio in a few days.”
The minister told France 3 television that Paris’ opposition is strident.
“It is a bad agreement,” she said, asserting that it would mean the arrival in France of “99,000 tonnes of beef, 180,000 tonnes of sugar and as many tonnes of poultry” to compete directly with local producers.
“Moreover, at the cost of deforestation and environmental standards,” she added.
French agricultural unions are categorically opposed to the signing of the agreement, which has been negotiated for decades between the EU and the Mercosur countries (Argentina, Brazil, Uruguay, Paraguay and Bolivia).
– TIMES/AFP
related news
-
US backing won’t save Argentina without policy shift, economists warn
-
Bonds rebound as government announces debt buyback
-
Bolivia to restore US ties cut nearly two decades ago, says Paz
-
JPMorgan CEO heads to Argentina before key test for Milei
-
Trump Argentina beef plan risks rancher ire, little price relief
-
US, Argentina sign US$20-billion swap deal amid peso rout
-
Government formalises US$20-billion currency swap deal
-
Rodrigo Paz wins run-off as Bolivia formalises shift to right
-
CEOs strive to surf Milei volatility at annual retreat
-
Fervour for Milei cools in rural town as midterms near