The European Commission is expected to approve the EU-Mercosur free trade agreement for ratification on Monday, June 30. The Council is already planning to address the deal in July.
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The European Commission has officially launched negotiations for a free trade agreement with the United Arab Emirates (UAE). A first technical meeting between the negotiating teams is scheduled for June.
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At the meeting of trade ministers in Brussels, Trade Commissioner Šefčovič proposed speeding up the EU's internal processes for signing and ratifying trade agreements. The trade ministers were optimistic about the trade conflict with the USA.
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Ursula von der Leyen's visit to India brings a bilateral free trade agreement within reach. India wants an agreement on the CBAM carbon border adjustment mechanism, while the EU is calling for lower import duties on cars, whiskey and wine. The agreement should be in place by the end of the year.
By Goswami Urmi
With a port project in Peru, the People's Republic of China is sending a political signal of change to all of Latin America. However, with Chinese money, Beijing's influence on the country in the Andes is also increasing significantly.
By Marcel Grzanna
The negotiations between the EU Commission and the four Mercosur states are well advanced, but Paris is unlikely to approve the free trade agreement. Berlin and Brussels are now discussing the possibility of outvoting France if necessary – but this would be politically explosive. In future, the EU could focus more on targeted partnerships that also involve investments in third countries.
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At the East German Economic Forum in Bad Saarow, the German Chancellor criticized the EU Commission for the meagre progress in negotiating new free trade agreements and called for a leaner process.
By Redaktion Table
A legal opinion commissioned by Greenpeace criticizes: The planned trade agreement between the EU and the Mercosur region violates climate laws and underestimates the consequences for deforestation and climate change.
By Lukas Bayer
After the EU delegation canceled its trip to sign the Mercosur agreement, it continues to emphasize its willingness to talk. Following the inauguration of Argentina's new president, Brussels is hoping for an agreement. Minor changes should save Mercosur.
By Markus Grabitz
The planned free trade agreement with the Mercosur states has failed for the time being. EU Trade Commissioner Dombrovskis and his team gave up their attempts to save the agreement on Monday morning. France's President Macron's "no" and the change of government in Argentina scuppered the plans.
By Markus Grabitz
