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POLICY PAPER | The EU-Mercosur trade agreement, will it ever reach a green end?
In her policy paper, Benedetta Milani discusses the trade agreement between the EU and the South American trade bloc Mercosur. Trade between the EU and Mercosur will have to wait some time before it is approved, because the agreement must be backed by the national parliaments of the 27 EU Member States and the 4 Mercosur partner countries (Argentina, Brazil, Paraguay, and Uruguay).
29. March 2023
It’s important to clarify that at European level, trade policy and agreements have to be decided and analyzed under the Sustainable Impact Assessments (SIA), a trade-specific tool used by the Commission to examine the possible consequences that a regulation might have at sustainable level, and to preserve fundamental rights and high eco-friendly standards, by ensuring transparency and participation of the competent stakeholders