As an EU-Mercosur deal was reached after 25 years, it faces one last stumbling block: member state approval and Poland hopes Italy will play a part in blocking the deal.
The Polish government and the French National Assembly have passed resolutions opposing the EU's trade deal with Mercosur, as farmers from both nations have voiced their opposition, which they say will lead to unfair competition for European agriculture.
Farmers blocked Poland’s Medyka border crossing with Ukraine in a protest over the trade deal between the European Union and Mercosur, which they say will reduce their competitiveness, Polish state news agency PAP reported.
As a deal looms by the end of the year, Poland’s agriculture ministry has published a statement where it registers reservations over the Mercosur agreement. It should please France which leads the opposition to the deal.
GreenX Metals Ltd announced that Poland has filed a request to set aside an arbitration award related to a successful claim by GreenX under the Australia-Poland bilateral investment treaty.
France is hoping to persuade Poland into joining forces to block a trade deal between the European Union and Latin America’s Mercosur bloc that’s been a quarter of a century in the making.
Invoking the Australia-Poland bilateral investment treaty, together with the Energy Charter Treaty, Green X has been awarded hundreds of millions of dollars over a thwarted mining project.
Kyiv has lodged an official protest to Poland and the European Union over imposing restrictions on imports of Ukrainian agricultural products contrary to the Association Agreement.