Trade Agreement Mercosur Eu

The agreement is expected to result in a significant increase in Brazilian beef exports to all EU countries. [8] [14] Under the agreement, the EU will open its markets to a quota of up to 99,000 tonnes of beef per year, at a preferential rate of 7.5% inches. [5] Farmers across the EU oppose it, especially small farmers who fear being underestimated in terms of prices. [5] The COPA-COGECA union, which represents 23 million farmers in the EU, warned that the agreement “will go down in history as a very dark moment”. [5] The Irish Farmers` Association condemned the agreement as a “shameful and weak sell-off”. [15] The agreement includes, among other things, commitments on sustainable fisheries and sustainable forest management. For both foreign and domestic service providers, the agreement will not affect the ability of regulators to develop and enforce non-discriminatory rules and standards: with this agreement, Mercosur governments are committed to simplifying and simplifying business activity in their countries by improving the business climate. They will do so through more predictable and transparent procedures and regulations and by improving access to their market. This will help them attract more investment from Europe and the rest of the world. By removing these tariffs, the mercosur trade agreement will facilitate exports from European companies to Mercosur countries. The EU is Mercosur`s trading and investment partner. EU exports to Mercosur amounted to EUR 41 billion in 2019 and EUR 21 billion in the services sector in 2018.

The agreement removes import tariffs on more than 90% of EU products exported to Mercosur. Tariffs on certain products will be liberalized over long staging periods to allow enough time for mercosur companies to adapt. The EU has already concluded trade agreements with almost all other Latin American countries. The guarantee of an agreement with the Mercosur countries allows us to further expand preferential access to EU exporters and strengthens our political relations with all Latin American countries. Several national parliaments, including the Austrian, Dutch and Irish parliaments, voted against the agreement. Luxembourg refused to give its support, as did France and Italy. In a non-binding resolution of 7 October, the European Parliament also voted against the agreement with Mercosur in its current form. To reap the benefits of this agreement, both sides must find a comprehensive compromise, including on commitments on agriculture and climate change. Strong opposition and political tensions are currently preventing progress, both in terms of implementation of the agreement and environmental protection. This would make it illegal to sell imitations.

This means that the use of a GI for non-authentic GI products is prohibited and expressions such as “type,” “type,” “style” or “imitation” are not permitted. In addition, the agreement provides protection against the misleading use of symbols, flags or images indicating a “false” geographical origin. For example, no one can name Roquefort unless it is the real cheese produced in Roquefort, France, under certain production conditions. The EU wants the trade agreement with Mercosur to remove unnecessary and discriminatory barriers to European exports, so that European companies can sell more goods and services to Mercosur. The agreement will also pave the way for supply chains of products manufactured to contribute to the preservation of the environment, such as paran nuts from natural forests.B. On 4 May 2010, the European Commission decided to resume trade negotiations with MERCOSUR. After the resumption, the first round of negotiations was held in Buenos Aires from 29 June to 2 July 2010.