ISDS Case Map
Mercosur
At least nine EU countries want the trade deal with South America.
South America’s Mercosur countries will address environmental concerns raised by the European Union that have stalled ratification of a free trade deal between the two trade blocs, Argentina’s foreign minister said.
This trade agreement aims to boost an export-oriented agricultural model that harms small-scale farmers, indigenous peoples, traditional and rural communities, in Mercosur and EU countries.
The EU-Mercosur agreement is inconsistent with the EU’s recently announced Farm-to-Fork Strategy, which aims to dramatically reduce pesticide use and completely ban any residue on food of pesticides not registered for use in the EU.
Until Brazil makes a political commitment to curb deforestation in the Amazon rainforest, the trade deal between the European Union and Mercosur will not advance toward ratification in Europe, the EU’s envoy in Brasilia said.
The business confederations of Mercosur and BusinessEurope gather today to reiterate their full support to the EU-Mercosur agreement and their commitment to ensure its rapid ratification and implementation.
This is about survival: scientists warn that the Amazon is approaching a tipping point beyond, which the rainforest cannot sustain itself. If that happens, there would be a massive die-off of plant and animal species.
Bilateral trade agreements often act as door-openers for the manufactured products of multinational food companies. Milk powder with vegetable fat is an example.
The Indonesian government is pursuing a series of trade deals with non-traditional partners in Africa, Latin America and the Middle East in an effort to navigate international trade during and after the COVID-19 pandemic.
We, the undersigning economists, consider it important to inform the public that the economic models used to calculate those ostensible gains are inadequate for assessing the social and environmental impacts of this agreement.
