Macron rejected Mercosur

According to the international group Tasnim news agency, quoted by the German publication “D Site”, Emmanuel French President Macron rejected the planned free trade agreement between the European Union and the South American economic bloc Mercosur in its current form. The agreement there is very bad. This agreement was negotiated 20 years ago. This is not what we want.

He added: Let’s negotiate a new and more responsible agreement that is based on our goals and reality and takes into account development, climate and biodiversity. .

On the other hand, Geraldo Alchemin, the vice president of Brazil and Fernando Haddad, the economy minister of this country, had previously promoted this free trade agreement in principle.

Macron is one of the Fierce critics of this treaty are in the European Union. He is most critical of the fact that European farmers and companies must comply with strict guidelines to reduce carbon emissions, while in the future tariffs will be lifted on products from South America that do not follow the same rules.

These statements of Macron were made during the difficult negotiations on the free trade agreement between the two economic blocs. consider biology and climate; Nothing.

Brazilian Finance Minister Fernando Haddad said during Macron’s meeting with Brazilian trade officials: “We still have time.” It is true that we missed an opportunity at the end of last year, but we should not give up on this agreement.

He added that Brazilian President Lula da Silva has invested a lot of time in this agreement and capitalized on it. The investment will continue in a closer relationship with the European market. Macron previously said at the COP climate summit and the G20 that he is looking for more international standards to give financial incentives to banks and companies. Investors aim to decarbonize the industry and protect the environment more.

This agreement between the European Union and the Mercosur alliance with its member countries Brazil, Argentina, Paraguay and Uruguay is one of the largest free trade areas in the world. Creates with more than 700 million people. In particular, this treaty should reduce tariffs and thus increase trade. However, the agreement, which had been negotiated, has been suspended since 2019. This treaty is controversial in both South America and Europe. Some countries want to protect their markets, others fear that labor and environmental standards will be weakened in the shadow of this agreement.

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