Poland opposes EU-Mercosur trade deal in current form, says PM

WARSAW (Reuters) – Poland opposes the EU-Mercosur free trade deal with South American countries in its current form, the prime minister said on Tuesday, joining France in standing against an agreement European farmers say will expose them to unfair competition.

Brazil has been pushing to have the EU-Mercosur agreement signed by the end of the month while it holds the presidency of the G20. Advocates of the deal, including the EU’s biggest economy Germany, say it will open up more markets for their exports.

Farmers say the agreement with the Mercosur bloc that includes Brazil, Argentina, Bolivia, Paraguay and Uruguay will create unfair competition for EU farmers and food makers as it will allow large imports of products that are not bound by the same strict regulation they face in the EU.

“Poland does not accept, and we are not alone, we will not accept in this form the agreement with the countries of South America, that is the Mercosur group, on free trade,” Prime Minister Donald Tusk said before the start of a government meeting.

Polish farmers blocked the Medyka border crossing with Ukraine in protest against the deal on Saturday. This followed large protests in France and in Brussels.

French President Emmanuel Macron reiterated his opposition to a deal with Mercosur as proposed during a visit to Argentina this month.

France, the EU’s largest agriculture producer, has been trying to convince other EU members to form a minority bloc against the deal.

The EU-Mercosur deal would allow the entry of an additional 99,000 tons of beef, 190,000 tons of sugar, 180,000 tons of poultry meat, 1 million tons of maize, producers have said.

This post is originally published on INVESTING.

  • Related Posts

    Exclusive-Trump plans no exemption for oil imports under new tariff plan, sources say

    By Jarrett Renshaw (Reuters) -U.S. President-elect Donald Trump’s plan to impose 25% tariffs on Canadian and Mexican imports in his first day in office does not exempt crude oil from…

    Oil falls after Israel agrees to ceasefire deal with Lebanon

    By Georgina McCartney HOUSTON (Reuters) -Oil prices slid on Tuesday, giving back early gains in choppy trade after Israel agreed to a ceasefire deal with Lebanon, reducing oil’s risk premium.…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Exclusive-Trump plans no exemption for oil imports under new tariff plan, sources say

    • November 26, 2024
    Exclusive-Trump plans no exemption for oil imports under new tariff plan, sources say

    Oil falls after Israel agrees to ceasefire deal with Lebanon

    • November 26, 2024
    Oil falls after Israel agrees to ceasefire deal with Lebanon

    Exclusive-Trump would impose 25% tariffs on oil from Mexico and Canada under trade plan, sources say

    • November 26, 2024
    Exclusive-Trump would impose 25% tariffs on oil from Mexico and Canada under trade plan, sources say

    Oil down 1% after Israel agrees to ceasefire deal with Lebanon

    • November 26, 2024
    Oil down 1% after Israel agrees to ceasefire deal with Lebanon

    US energy lobbying groups wary about Trump tariffs threat

    • November 26, 2024
    US energy lobbying groups wary about Trump tariffs threat

    How can a Forex Broker Help You Trade Currency?

    • November 26, 2024
    How can a Forex Broker Help You Trade Currency?