Commission sends EU-Mercosur pact to capitals as Paris signals openness to safeguards - https://eutoday.net

Contributing sentiments towards policy:

60% : Proponents in Europe view Mercosur as a growing destination for EU cars, machinery and chemicals, and as a supplier of minerals critical to decarbonisation.
56% : It estimates the deal could lift EU exports to Mercosur by up to 39% -- about €49 billion a year -- and support more than 440,000 jobs.
54% : The European Commission on 3 September formally presented the EU's trade agreement with the Mercosur bloc to the European Parliament and to EU governments for approval, and moved to address long-running agricultural concerns with a new safeguard proposal and a farmer support fund.
52% : Economically, the agreement would phase out most tariffs between the EU and Mercosur.
51% : The executive says it could take provisional action within three weeks of receiving a complaint, and it plans a €6.3 billion crisis fund for EU farmers.
50% : According to public summaries, Mercosur would remove duties on about 91% of EU goods, including a phased elimination of the 35% tariff on cars, while the EU would cut tariffs on roughly 92% of Mercosur exports.
35% : Friends of the Earth has labelled the agreement "climate-wrecking", a characterisation the Commission rejects, insisting that EU standards on food safety will apply to imports.
35% : Opponents argue that increased imports risk undercutting EU producers and could encourage deforestation and weaker environmental compliance in producer countries.

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