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EU-Mercosur trade deal faces make-or-break moment in December

By Oscar Pandiello ( November 21, 2024, 16:14 GMT | Insight) -- The European Commission and Mercosur aim to finalize their trade deal by December at a summit in Montevideo. While progress has been made on environmental clauses, opposition from France, Poland, and EU farmers over competition and sustainability concerns remains a significant hurdle. The commission now faces tough political decisions, balancing internal dissent with China's growing influence in South America. Germany and Spain voiced support for the deal at today’s Foreign Affairs Council in Brussels.The European Commission and the Mercosur bloc aim to announce their landmark trade deal in December, with ongoing talks to get it over the line despite opposition from France, Poland, and the EU farming sector....

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