European Parliament freezes Mercosur deal referring it to EU Court of Justice

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  1. nicknameSerialNumber on

    Submission statement: this is relevant to the EU-Mercosur trade deal, international trade and liberalism.

  2. nicknameSerialNumber on

    !ping EU

    “The MEPs who proposed the referral consider that spliting the deal to leave the trade part for the approval of the EU Council and the EU Parliament only was a tactic by the European Commission to “prevent [member states] national parliaments from having their say on the agreement”, and could be considered unlawful by the judges.”

    Bad news.

    I think it was valid and good political choice to split the agreement, ironically the EU parliament here wants less relevance for EU. I think the CJEU will say its fine, but it could take years.

    (There are two agreements, the interim trade agreement, which only needs ratification by EU, and the partnership agreement which adds some investment stuff and needs to be ratified by national parliaments.)

    “The resolution calling to challenge the agreement also challenges the legality of the so-called “rebalancing mechanism” introduced in the agreement, which would allow Mercosur countries to take compensatory measures if future EU laws reduce their exports to Europe.”

    “The European Commission can still go ahead with a provisional application of the deal while the Parliament’s appeal is being examined, despite committing in several emails sent to MEPs and seen by Euronews that it would refrain from doing so.”

  3. >The European Commission could still provisionally apply the deal, provided the move were endorsed by member states.

    Let’s see if that happens. My understanding is the court procedure could take 2 years.

    >**Renew Europe**, the Greens/EFA, and the Left promoted the referral and are generally against the trade deal, albeit with some exceptions.

    Very disappointed with Renew if this shows to be the case. Presumably divided on national lines, but still…

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