The French government is demanding a delay in the planned signing of the free trade agreement with Mercosur states. This stems from pressure by farmers who fear disadvantages due to differing standards. EU Commission President Ursula von der Leyen intended to sign the deal on Saturday in Brazil.
France is sharply criticizing the EU-Mercosur agreement and rejecting the planned signing. Prime Minister Sébastien Lecornu stated that the deadline must be extended to continue the work and "achieve legitimate protection measures for our European agriculture," according to his office. The deal with Argentina, Brazil, Uruguay, and Paraguay envisions the elimination of most tariffs and has been negotiated since 1999.
Ursula von der Leyen plans to sign the agreement on Saturday at a summit in Foz do Iguaçu. The EU Commission first requires approval from member states. France has long opposed the deal, particularly due to pressure from farmers who fear lower standards in Mercosur countries. The EU exports mainly cars and chemical products there, while Mercosur supplies primarily agricultural goods and raw materials. The Commission anticipates an increase in EU exports by up to 39 percent.
In early September, the Commission presented the legally reviewed text to the 27 states. Ratification requires a qualified majority of states and approval by the European Parliament. The German government and industry are pushing for swift implementation; the cabinet approved the signing on Wednesday.
