Domestic
16:37 21 December 2024
Post by: WBJ

EU-Mercosur Agreement: Opportunities and Risks for Farmers

EU-Mercosur Agreement: Opportunities and Risks for Farmers
Source: Photo by Nikolett Emmert on Unsplash

The EU's free trade agreement with Mercosur, encompassing Argentina, Brazil, Paraguay, and Uruguay, has raised concerns among European farmers, including in Poland.

While the deal could open markets for EU processed food exporters, it poses challenges for local producers of poultry, beef, sugar, and cheese due to increased competition from South America. The influx of lower-cost imports may pressure prices and market shares.

Poland and France oppose the deal, citing risks to domestic agriculture, and are working to build a coalition to block its approval. Economists suggest renegotiation may address these issues.

(Business Insider


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farmers
eu-mercosur agreement

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