Redon.
2.3K posts

Redon.
@DavidRedon13
·ᴇᴠᴇʀʏᴅᴀʏ ɪꜱ ᴀ ᴘᴇʀꜰᴇᴄᴛ ᴅᴀʏ ᴛᴏ ᴛᴇᴄʜɴᴏ·

The EU has approved moving forward with the Mercosur trade agreement, clearing the way for the signing of a deal that would create a massive free-trade area linking Europe with South America. 🤝 What is the Mercosur agreement? The deal links the EU with Argentina, Brazil, Paraguay, and Uruguay, creating a trade bloc of 700+ million people. It would reduce tariffs, expand market access for European companies, and deepen economic ties between Europe and Latin America. 📊 Vote Breakdown (EU Member States): 🟩 In favor: A Qualified majority of EU countries, led by Germany and Spain 🟥 Opposed: France, Poland, Austria, Hungary, Ireland 🟨 Abstained: Belgium 💬 Why some support it: Supporters say the agreement opens new export markets, strengthens EU competitiveness, and gives European firms better access to a fast-growing Latin American market of around 280 million consumers. 🚜 Why others oppose it: Opponents, mostly led by France, warn it could expose EU farmers to unfair competition from agricultural imports and raise environmental concerns, despite safeguards, quotas, and climate commitments tied to the Paris Agreement. ⏭️ What’s next? The vote now needs to be formalised, after which the EU can sign the agreement with Mercosur nations. Crucially, it also requires approval from the European Parliament, where France says it will continue to fight the deal. #EU #Mercosur #TradeDeal #EuropeanUnion #LatinAmerica #Agriculture #Climate #Politics #EUMS






















