Concerns include the Mercosur trade deal, which is said to “threaten the supply of safe, high-quality and certified food from the region with low-priced imports".
The EU poultry meat sector was sacrificed in order to convince Brazil to seal the Mercosur trade agreement. But the impact on the sector in Europe is expected to be very heavy.
South Korea has become the first Asian country to sign a free trade agreement with a Central American trade bloc, composed of five countries -- Honduras, Nicaragua, El Salvador, Costa Rica and Panama.
Brazil aims to conclude free trade agreements between Mercosur and Singapore and South Korea by next year, as it also eyes deals with Vietnam and Indonesia.
South Korea plans to hold the fourth round of trade talks with Mercosur as Seoul aims to expand its trade network with emerging countries and revitalize its ailing exports.
In a decision that’s binding for the government, almost all parties on the parliament’s EU subcommittee voted against the deal with the Mercosur free-trade zone.