ISDS Case Map
environment
The Mercosur-EU free trade agreement is set to intensify trends of territorial expansion, will contribute to the climate crisis, and will directly impact the rights, territories and ways of life of Amazon peoples.
The Luxembourg Ministry of Foreign Affairs said that it "will not be able to give its support" to the signing of the EU-Mercosur agreement, asking for "additional commitments in the fight against climate change and deforestation.
Ten years after the entry into force of the Peru-China Free Trade Agreement (FTA), officials from both countries are in stuck a slow renegotiation process in the midst of the Covid-19 pandemic.
For the EU Commission to remain steadfast in supporting this deal, whilst simultaneously tabling an increase of the EU’s 2030 climate target, is entirely contradictory.
EU countries remained divided on whether to approve a preliminary free trade deal with South American countries because of concerns related to the Amazon deforestation and the respect of European standards.
France remains opposed to a free trade deal in its current proposed form between the EU and South American countries due to “major” concerns about deforestation in the region, the government said.
The commission of experts has spoken: an annual increase in deforestation of 25% for 6 years, facilitated entry into the European market of foodstuffs produced with pesticides banned in the EU, risk of weakening European environmental and health standards.
European politicians and investors have mounted pressure on Brazil to step up environmental protection as deforestation rises and the two sides attempt to finalize a free trade deal agreed to in principle last year.
The District Court of The Hague ruled in favor of Chevron in its dispute with the Republic of Ecuador, upholding a 2018 arbitral award rendered by an international tribunal administered by the Permanent Court of Arbitration.
The proposed EU-Mercosur trade agreement is a “direct contradiction” to the goals of the European Green Deal, according to a new study.
