Prospects for the EU-Mercosur Agreement’s Entry into Force
Prospects for the EU-Mercosur Agreement’s Entry into Force

Author(s): Marek Wąsiński, Bartłomiej Znojek
Subject(s): Supranational / Global Economy, Governance, Economic policy, Environmental and Energy policy, International relations/trade
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: European Union; Mercosur; negotiations; agreement; economic integration; economic reforms; climate policy; impact on the environment; free trade;
Summary/Abstract: On 28 June, the EU and Mercosur concluded negotiations that have lasted intermittently for two decades on an Association Agreement (AA). For the EU, the accord brings a chance to compete more effectively in Latin America with China and the U.S. For Mercosur, it may boost a revival of economic integration and reforms in the bloc’s member states. However, the deal has raised concerns among some EU farmers over the potential of a negative impact of opening the Union’s market. To ecology groups, some of the document’s provisions increase the threat to the environment and climate policy. Protests by these groups could hinder the agreement’s ratification process.

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