EU-Mercosur FTA and European Green Deal compatibility
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 81mo ago
This procedure examines whether the existing trade agreement between the European Union and the Mercosur bloc (Argentina, Brazil, Paraguay, and Uruguay) aligns with the goals of the European Green Deal. It focuses on ensuring that trade liberalization does not undermine EU environmental standards or climate targets.
This affects trade relations with South American partners and industries involved in agricultural and industrial exports. It may lead to updated requirements for sustainability and environmental protections within the trade deal.