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The true cost of the EU-Mercosur trade deal

26/05/2020

Corporate power Trade
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26/05/20

PDF – English PDF – Spanish PDF – Polish PDF – Danish PDF – French PDF – Hungarian

The European Commission has recently concluded a trade deal with Mercosur countries (Argentina, Brazil, Paraguay and Uruguay) which, if ratified, would be the biggest trade deal both blocs ever implemented in terms of the number of citizens involved.
However, this paper shows: The trade deal comes at a tremendous expense for people and the planet.

Dire consequences are looming both on regional and global levels:

  • More and stronger fires in the Amazon
  • soaring greenhouse gas emissions
  • a disruption of local food production in Mercosur countries
  • an increased use of dangerous pesticides and other toxic substances
  • threatening food safety in Europe.

Signing up to the agreement will also strengthen the position of Brazilian President Jair Bolsonaro, who is known for attacking the rights of indigenous people, women, peasants and other workers, trashing the country’s environment and undermining the Paris climate agreement.

To enter into force, the deal must still be approved by the Council of the EU, the European Parliament and all parliaments of the Member States. This is the moment to decidedly reject a monstrous trade deal which would harm people, the climate and the environment in manifold ways.

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Friends of the Earth Europe’s materials are co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or CINEA. Neither the European Union nor the granting authority can be held responsible for them.

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