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News Wire / economy

EU-Mercosul Trade Pact Enters Into Force

MDR Aktuell Brussels 12d12d Impact 8

The European Parliament's Trade Committee Chairman, Bernd Lange, stated that a trade deal with Brazil, Argentina, Uruguay, and Paraguay could facilitate goods movement and reduce tariffs. Josez Sucardi expressed concerns regarding the impact of the deal on different economic structures. The agreement highlights a divide between Europe's industrialized economy and South America's focus on agricultural exports. Correspondent Anne Herberg reported that the deal creates new opportunities alongside new uncertainties for both sides. The agreement follows a quarter-century of discussions, planning, and negotiations. The agreement establishes new trade protocols between the EU and the South American bloc. The announcement was confirmed via German radio broadcast. Brazilian President Lula stated the agreement serves as an geopolitical signal that strengthens multilateralism.

The European Parliament's Trade Committee Chairman, Bernd Lange, stated that a trade deal with Brazil, Argentina, Uruguay, and Paraguay could facilitate goods movement and reduce tariffs. Josez Sucardi expressed concerns regarding the impact of the deal on different economic structures. The agreement highlights a divide between Europe's industrialized economy and South America's focus on agricultural exports. Correspondent Anne Herberg reported that the deal creates new opportunities alongside new uncertainties for both sides. The agreement follows a quarter-century of discussions, planning, and negotiations. The agreement establishes new trade protocols between the EU and the South American bloc. The announcement was confirmed via German radio broadcast. Brazilian President Lula stated the agreement serves as an geopolitical signal that strengthens multilateralism. Conversely, Antonio Andrioli from Brazil's Universidade Federal do Sul indicated the deal may increase social inequality. Small-scale farmers on both sides of the Atlantic are expected to be major losers in the agreement. The trade agreement between the European Union and Mercosul nations began implementation today. Polish beef, poultry, and sugar producers specifically noted concerns regarding the impact on their market position.

Topics

trade Germany Mercosur

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Sources · 7 independent

MDR Aktuell

“Für Deutschland werden langfristig große Chancen, etwa für die Autoindustrie, den Maschinenbau oder die Fahrwoll am Branche, gesehen.”

MDR Aktuell

“das EU-Parlament mehrheitlich für eine gerichtliche Überprüfung Faktor und wichtig eben auch die Kraftfahrzeugteile und das Geritte, dass natürlich auch Investitionszündigkeiten damit abgesichert werden”

MDR Aktuell

“ab heute gilt er in allen Dimensionen mit den Zöllen, mit der Investition, auch mit der Nachhaltigkeit, die haben wir auch vereinbart.”

MDR Aktuell

“Ja, und das muss man immer wieder sagen, ab heute gilt er in allen Dimensionen mit den Zöllen, mit der Investition, auch mit der Nachhaltigkeit, die haben wir ja auch vereinbart.”

TOK FM

“Dziś o północy weszła w życie umowa Handel.”

Europa FM Romania

“Acordul dintre Unii Europeane si Statele Mercosur a intrat astazi in vigoare, daca am dată provizoriu, in asteptarea unui aviz de la curtea europeană de justiție”

SWR Aktuell

“Freihandezone mit den Mercosur-Staaten Argentinien, Brasilien, Paraguay und Uruguay bald sinkende Zölle.”

BBC World Service

“The trade deal between the European Union and the South American bloc Merkur Sur provisionally comes into force today, despite appending court ruling on its legality.”

Radio Nacional Brasilia

“hoje, 1º de maio, entre o Iuvigoro, o Acordo Comercial entre Mercosul e União Europeia com a proposta de redução de tarifas sobre produtos estratégicos de ambos os lados.”

Radio Nacional Brasilia

“Após 25 anos de negociações, começa a valer neste 1º de maio o Acordo de Livre Comércio Mercosul, União Europeia, o maior já firmado pelo Bloco do Cone Sul desde a sua existência e pelo Brasil.”

Radio Nacional Brasilia

“O que aporta até a partir de primeiro de maio é que o acordo começa a produzir efeitos. Com isso, a eliminação de imposto de importação do lado do México Sul para um grupo de produtos e a eliminação do imposto de importação na União Europeia para o universo maior de produtos originários do México Sul.”

Radio Nacional Brasilia

“O que aporta até a partir de primeiro de maio é que o acordo começa a produzir efeitos. Com isso, a eliminação de imposto de importação do lado do México Sul para um grupo de produtos e a eliminação do imposto de importação na União Europeia para um universo maior de produtos originários do México Sul.”

Polskie Radio 24

“każda cała żywność sprowadzona z krajów Mercosuru musi spełniać wszystkie wymogi ekologiczne, jakościowe, które obowiązują w Unii Europejskiej. [...] to są niewielkie kontyngenty, które nie są w stanie zaburzyć sprzedaży, konsumpcji, produkcji w Unii Europejskiej.”

Polskie Radio 24

“it is primarily an agreement which, when it comes to these, let's call them sensitive goods like beef or poultry, these are for the beginning, I mean for the first 7 years, very small quotas that are not able to disrupt sales, consumption, production in the European Union.”

Radio Monte Carlo Uruguay

“La Unión Europea considera que se está ante un día histórico por la entrada en vigência del acuerdo comercial con el Mercosurro. Vanessa Móquez, jefe de economía y comercio de la Unión Europea para Uruguay y Paraguay, indicó hoy a Radio Monte Carlo que de aquí en más las dos regiones tendrán reglas claras y sencillas que bajarán aranceles y favorecerán las inversiones.”

Radio Monte Carlo Uruguay

“Vanessa Móquez, jefe de economía y comercio de la Unión Europea para Uruguay y Paraguay, indicó hoy a Radio Monte Carlo que de aquí en más las dos regiones tendrán reglas claras y sencillas que bajarán aranceles y favorecerán las inversiones.”

Radio Monte Carlo Uruguay

“es el acuerdo interino comercial entre la Unión Europea y el Mercosur. Y bueno, es mucho más que un acuerdo comercial... la baja de aranceles para un mercado enorme de dos sesiones, un mercado de más de 750 millones de personas”

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