European Union institutions are buzzing with discussions about the long-awaited trade agreement between the EU and Mercosur, the South American trade bloc. Talks are heated as the next G20 summit approaches, sparking political pressure and opposition within France.
Recent intensification of negotiations between the European Commission and Mercosur countries, along with Trade Commissioner Valdis Dombrovskis’ visit to Brazil, signals a potential breakthrough in the longstanding deal.
Germany has changed course
The pushback against the agreement within France, led by Prime Minister Michel Barnier and various political factions, adds complexity to the situation. Past near-successes and continued opposition highlight the challenges faced in finalizing the EU-Mercosur deal.