Trade Commissioner Maroš Šefčovič says the EU would lose global credibility if it fails to approve its trade deal with the Mercosur group of South American countries this week. He furter noted to the FT that:
>“I think that this is a matter of the credibility and predictability of the EU. We talk often in Europe of the need to be strategic. There is a strategic decision to be taken.”
Šefčovič also argues that it would open markets for EU cars and machinery and promise access to critical raw minerals to reduce dependence on China. European Commission president Ursula von der Leyen intends to travel to Brazil on Saturday to sign the pact but will not fly without endorsement from the bloc’s capitals. European business groups last week insist that the deal was more important than ever after US tariffs on EU goods and Chinese restrictions on imports.
ZMP02 on
He’s right
randommathaccount on
Can someone go knock on France’s door and remind them of this so they stop trying to delay the deal.
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Trade Commissioner Maroš Šefčovič says the EU would lose global credibility if it fails to approve its trade deal with the Mercosur group of South American countries this week. He furter noted to the FT that:
>“I think that this is a matter of the credibility and predictability of the EU. We talk often in Europe of the need to be strategic. There is a strategic decision to be taken.”
Šefčovič also argues that it would open markets for EU cars and machinery and promise access to critical raw minerals to reduce dependence on China. European Commission president Ursula von der Leyen intends to travel to Brazil on Saturday to sign the pact but will not fly without endorsement from the bloc’s capitals. European business groups last week insist that the deal was more important than ever after US tariffs on EU goods and Chinese restrictions on imports.
He’s right
Can someone go knock on France’s door and remind them of this so they stop trying to delay the deal.