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17.01.2020 |

EU-Mercosur trade deal will harm the climate and small producers

More goods will cross the Atlantic (Photo: CC0)

The trade agreement between the EU and the Mercosur countries is a bad deal for the climate and the environment. This is the message of a study written by two Argentinian researchers from the National Council for Scientific and Technical Research (CONICET). “The agreement will not only contribute to higher greenhouse gas emissions because of deforestation,” they warn. “The increased trade flows between the two blocs due to the reduction of tariffs to zero for a large number of products will also affect the climate.” In June 2019, after 20 years of negotiations, the EU and the Mercosur member countries (Argentina, Brazil, Paraguay and Uruguay) concluded talks on a free trade agreement between the two blocs. The study, commissioned by the Greens/EFA group in the European Parliament, analyses the agreements and mechanisms contained in the several hundred pages of text which make up the agreement, and looks at possible consequences if it were to enter into force. Dr Luciana Ghiotto and Dr Javier Echaide also looked at secondary literature, impact assessments and analyses of the different stakeholders. They arrive at the conclusion that the trade deal is fundamentally undermining global efforts to tackle climate change. [+] more ...

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