Commodities and Futures News

Poland opposes EU-Mercosur trade deal in current form, says PM

2024.11.26 10:54

WARSAW (Reuters) – Poland opposes the EU-Mercosur free trade deal with South American countries in its current form, the prime minister said on Tuesday, joining France in standing against an agreement European farmers say will expose them to unfair competition.

Brazil has been pushing to have the EU-Mercosur agreement signed by the end of the month while it holds the presidency of the G20. Advocates of the deal, including the EU’s biggest economy Germany, say it will open up more markets for their exports.

Farmers say the agreement with the Mercosur bloc that includes Brazil, Argentina, Bolivia, Paraguay and Uruguay will create unfair competition for EU farmers and food makers as it will allow large imports of products that are not bound by the same strict regulation they face in the EU.

“Poland does not accept, and we are not alone, we will not accept in this form the agreement with the countries of South America, that is the Mercosur group, on free trade,” Prime Minister Donald Tusk said before the start of a government meeting.

Polish farmers blocked the Medyka border crossing with Ukraine in protest against the deal on Saturday. This followed large protests in France and in Brussels.

French President Emmanuel Macron reiterated his opposition to a deal with Mercosur as proposed during a visit to Argentina this month.

© Reuters. FILE PHOTO: Polish farmers block Medyka border crossing with Ukraine as they protest over the trade deal between the European Union and Mercosur, in Medyka, Poland, November 23, 2024. Patryk Ogorzalek/Agencja Wyborcza.pl via REUTERS/File Photo

France, the EU’s largest agriculture producer, has been trying to convince other EU members to form a minority bloc against the deal.

The EU-Mercosur deal would allow the entry of an additional 99,000 tons of beef, 190,000 tons of sugar, 180,000 tons of poultry meat, 1 million tons of maize, producers have said.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 95,856.68 0.01%
ethereum
Ethereum (ETH) $ 2,687.20 3.52%
xrp
XRP (XRP) $ 2.48 2.68%
tether
Tether (USDT) $ 1.00 0.00%
bnb
BNB (BNB) $ 639.25 2.60%
solana
Solana (SOL) $ 159.12 5.75%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.230787 5.18%
cardano
Cardano (ADA) $ 0.733014 4.71%
staked-ether
Lido Staked Ether (STETH) $ 2,683.69 3.46%
tron
TRON (TRX) $ 0.248614 2.76%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,681.64 0.09%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,204.97 3.96%
chainlink
Chainlink (LINK) $ 16.64 5.66%
sui
Sui (SUI) $ 3.19 3.81%
stellar
Stellar (XLM) $ 0.320783 2.69%
avalanche-2
Avalanche (AVAX) $ 23.73 5.05%
litecoin
Litecoin (LTC) $ 123.48 2.39%
the-open-network
Toncoin (TON) $ 3.67 2.48%
leo-token
LEO Token (LEO) $ 9.49 2.33%
hedera-hashgraph
Hedera (HBAR) $ 0.21008 0.05%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 4.68%
usds
USDS (USDS) $ 1.00 0.12%
mantra-dao
MANTRA (OM) $ 8.40 0.63%
weth
WETH (WETH) $ 2,684.21 3.67%
hyperliquid
Hyperliquid (HYPE) $ 22.01 7.10%
polkadot
Polkadot (DOT) $ 4.72 5.41%
bitcoin-cash
Bitcoin Cash (BCH) $ 312.11 4.60%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.14%
bitget-token
Bitget Token (BGB) $ 4.87 3.22%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,847.48 3.60%
uniswap
Uniswap (UNI) $ 8.50 6.09%
monero
Monero (XMR) $ 234.96 0.92%
whitebit
WhiteBIT Coin (WBT) $ 27.51 0.38%
near
NEAR Protocol (NEAR) $ 3.31 1.81%
pepe
Pepe (PEPE) $ 0.000009 3.98%
bittensor
Bittensor (TAO) $ 426.56 2.13%
aave
Aave (AAVE) $ 235.93 4.25%
dai
Dai (DAI) $ 0.999893 0.01%
ondo-finance
Ondo (ONDO) $ 1.08 3.07%
aptos
Aptos (APT) $ 5.77 5.40%
internet-computer
Internet Computer (ICP) $ 6.78 3.83%
official-trump
Official Trump (TRUMP) $ 15.13 4.88%
tokenize-xchange
Tokenize Xchange (TKX) $ 37.44 0.50%
ethereum-classic
Ethereum Classic (ETC) $ 19.83 3.75%
mantle
Mantle (MNT) $ 0.866875 4.97%
okb
OKB (OKB) $ 48.05 2.80%
gatechain-token
Gate (GT) $ 22.79 2.27%
susds
sUSDS (SUSDS) $ 1.04 0.30%
sonic-3
Sonic (prev. FTM) (S) $ 0.864894 6.84%