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Will the EU finally sign a trade deal with South America?

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After 20 years of negotiating and reaching an agreement in 2019, the EU still hasn’t signed a deal with the South American trade bloc Mercosur. So in this video, we outline what’s happened, why it’s been put on ice and whether it will ever be ratified.

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1 – https://ec.europa.eu/commission/presscorner/detail/en/ip_19_3396
2 – https://www.reuters.com/world/europe/eu-mercosur-trade-deal-threatens-indigenous-lands-activist-says-2023-06-29/
3 – https://www.reuters.com/world/americas/brazils-lula-expects-reach-trade-agreement-with-eu-six-months-if-elected-2022-09-21/
4 – https://www.politico.eu/article/eu-mercosur-deal-truth-amazon-deforestation-trade-agreement-france-emmanuel-macron/
5 – https://www.reuters.com/sustainability/eu-chief-sees-mercosur-deal-this-year-lula-fears-environmental-sanctions-2023-06-12/
6 – https://www.barrons.com/news/argentina-brazil-take-aim-at-eu-s-environmental-trade-deal-conditions-2c7bb389
7 – https://apnews.com/article/eu-latin-america-summit-ukraine-b0c9cf42c7bbfc58afba3b6f89e3cac6
8 – https://en.mercopress.com/2023/07/04/argentina-s-fm-insists-asymmetries-make-eu-deal-untenable
9 – https://www.reuters.com/markets/eu-warns-against-adjusting-mercosur-trade-deal-2023-06-07/
10 – https://www.ips-journal.eu/topics/economy-and-ecology/a-last-chance-at-an-eu-mercosur-agreement-6489/
11 – https://www.ft.com/content/423f37e0-f3a9-448b-87fe-6e60b3384505

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22 Comments

  1. @rosshilton

    February 16, 2024 at 4:27 pm

    The Australian EU FTA fell apart at the weekend.

  2. @Dan1ell

    February 16, 2024 at 4:27 pm

    Perhaps Mercosur should mirror the EU and demand the ability to sanction the EU whenever they stimulate political unrest in the world, for example by supporting Isreal without conditions, and creating unrest in the Middle East as a consequence. If the EU can sanction on behalf of the environment then Mercosur can sanction on behalf of political stability. Let's see how they like that.

  3. @Marcuscangussu13

    February 16, 2024 at 4:27 pm

    Micron and his team of EU contries led by van der Lier will not agree to this.
    The model Micron and other want is the business like they run in Niger.
    They are deploying military troops there to recolonize Africa
    Shame on France

  4. @DzzO

    February 16, 2024 at 4:27 pm

    The clause of equality in public contracts is imperialist as fuck. And threats of sanctions due to environment distruction is also unacceptable. EU needs Brazil's agriculture imports more than ever. It's an imperialist unequal trade deal as is.

  5. @Mayalovestosleep

    February 16, 2024 at 4:27 pm

    hundreds of years doing business with europe equaled to 5 years doing business with china and the biggest port in south america (predicted to finish construction next year) will only strengthen the relations between china and south america, also brazil and china are brics partners

  6. @grandmasteryoda6717

    February 16, 2024 at 4:27 pm

    Just get it done already

  7. @Aspartame69

    February 16, 2024 at 4:27 pm

    Oh look, the EU singing trade off with another generally hostile part of the world. What could go wrong?

  8. @lokesh303101

    February 16, 2024 at 4:27 pm

    Yes!

  9. @ambition112

    February 16, 2024 at 4:27 pm

    0:29: 💼 The Merkasaur trade deal between the European Union and the South American trade block is being revived after being put on hold since 2019.
    2:58: 🌍 The trade deal between the European Union and South America faces concerns over environmental impact and indigenous rights, but recent political changes have revived hopes for its revival.
    5:51: 🌍 Negotiations for an agreement between Mercosur and the EU face challenges due to concerns from Latin American partners and opposition from individual EU member states.
    8:31: ⏳ Time is running out for resolving geopolitical tensions, including China's troubling decisions.
    Recap by Tammy AI

  10. @darylbas8216

    February 16, 2024 at 4:27 pm

    Europe should be cautious negotiating with the quasi-dictators of South America. Has the lesson of Ostpolitik been so quickly forgotten by the European leadership?

  11. @xenoxtrollik4150

    February 16, 2024 at 4:27 pm

    Ahhh yes love the 21 century where Economist growth is considered a bad thing

  12. @franciscoguzman1524

    February 16, 2024 at 4:27 pm

    Hispanoamerica y Brasil tienen que comerciar con sus Madres España y Portugal, como socios preferentes número 1, no con la EU francia o alemania.

  13. @rafalkaminski6389

    February 16, 2024 at 4:27 pm

    Africa, good bye 🙂

  14. @capio78

    February 16, 2024 at 4:27 pm

    Anything that takes decades is never going to happen. You can sit in a room for an hour and discuss a huge amount of information. This is just bureaucrats flexing and justifying their salaries.

  15. @humanafterall2076

    February 16, 2024 at 4:27 pm

    Don’t do it

    The eu will eff you up a destroy you

    Stay away from the fascist eu

  16. @sarassadauskas5689

    February 16, 2024 at 4:27 pm

    On the main picture it shows Ireland isn't in EU 😀

  17. @xMYx507

    February 16, 2024 at 4:27 pm

    I only ask EU to not stuff too much political interests in the agreement.
    It will make EU lose to China.

  18. @cfv1984

    February 16, 2024 at 4:27 pm

    Screw the EU though. We refuse to become subject to their asymmetric bad faith garbage that will only be abused just so the French can send us literal containers of human poop FOR A THIRD TIME with no consequences.
    If they really want the deal to go through it will have to happen between parties with equal standing, or they can just eat it.

  19. @hugomoreira2934

    February 16, 2024 at 4:27 pm

    Plot twist: amazon deforestation is way bigger now with Lula than it was with bolsonaro.

  20. @Filosoflex

    February 16, 2024 at 4:27 pm

    Take off France from accord. It,s only way It happens!

  21. @christhopervargas2275

    February 16, 2024 at 4:27 pm

    i think someone is forgeting the deals chile have

  22. @rosshilton

    February 16, 2024 at 4:27 pm

    For those concerned about the quality of food imported to the EU:

    Belgium is currently exporting huge quantities of pesticides that are banned within the European Union to the rest of the world, RTBF and Le Vif report.

    According to a recent study by 6 NGOs (SOS Faim, Broederlijk Delen, FIAN, Iles de Paix, Viva Salud and Entraide et Fraternité), between 2013 and 2020 Belgium exported 50,000 tonnes of pesticides prohibited for agricultural use in Europe to more than 70 countries: an average of 6,250 tonnes each year.

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