News|International TradeFrance calls to delay vote on EU-Mercosur trade dealParis says EU member states cannot vote on the trade agreement in its current state.
## France Requests Delay on EU-Mercosur Trade Agreement
France Requests Delay on EU-Mercosur Trade Agreement
France has officially requested the European Union to delay a vote on the proposed trade agreement with the South American Mercosur bloc. The French government has expressed that the current conditions are insufficient for an agreement to be reached.
A statement from French Prime Minister Sebastien Lecornu's office emphasized that EU member states should not proceed with a vote on the trade agreement as it stands. France is advocating for an extension of deadlines to ensure protective measures for European agriculture are adequately addressed.
The European Commission, led by President Ursula von der Leyen, plans to visit Brazil on Mon, Dec 11, 2023, to advance the negotiations of the trade pact. This agreement, which has been in negotiation for over two decades, involves Argentina, Brazil, Paraguay, and Uruguay as members of the Mercosur bloc. However, the European Commission must first obtain approval from EU member states before finalizing any agreement.
The French government has made its opposition to the current draft of the agreement clear, citing the upcoming Mercosur summit on Dec 20, 2023, as a reason for the lack of readiness for a vote.
French Minister of the Economy and Finance, Roland Lescure, stated in a recent interview that the current treaty is unacceptable without significant amendments. France has set several conditions, including the implementation of robust safeguard clauses, adherence to EU production standards by Mercosur countries, and the establishment of comprehensive import controls.
France has officially requested the European Union to delay a vote on the proposed trade agreement with the South American Mercosur bloc.
French and other European farmers have raised concerns about potential unfair competition arising from the agreement, fearing it could undermine European food sectors due to varying standards.
Until assurances on these conditions are secured, France remains opposed to the agreement, as reiterated by Minister Lescure.
Upcoming Votes and Economic Implications
The EU member states are expected to vote on the trade agreement between Tue, Dec 12, 2023, and Fri, Dec 15, 2023. Additionally, the European Parliament will vote on protective measures designed to address farmers' concerns, particularly those from France.
The European Union is Mercosur's second-largest trading partner, with goods exports totaling 57 billion euros ($67 billion) in 2024. The EU is also the largest foreign investor in Mercosur, holding investments worth 390 billion euros ($458 billion) in 2023.
If approved, the EU-Mercosur agreement could establish a common market of 722 million people.
Based on reporting by Al Jazeera.
