Italy is expected to reverse course and support the deal when EU ambassadors vote on the measure on Jan. 9, according to people familiar with the matter. Italy is expected to reverse course and support the deal when EU ambassadors vote on the measure on Jan. 9, according to people familiar with the matter. A spokesperson from the Italian government declined to comment. Nothing has been finalized and the plans could still change.
Meloni had been seeking extra safeguards for the agricultural industry as well as additional funds for farmers from the bloc’s budget, said the people, who spoke on the condition of anonymity.
“There have been discussions, work and progress during the past two weeks,” European Commission spokeswoman Paula Pinho told reporters in Brussels Monday. “We are on the right path to consider signing hopefully soon.” The proposed accord is the largest ever negotiated by the EU.
Bloomberg Economics has estimated the deal would boost the Mercosur bloc economy by up to 0.7% and Europe’s by 0.1%. Geopolitically, it would also strengthen the EU’s footprint in a region where China has emerged as a major industrial supplier and commodities purchaser.
Posted by -Maestral-
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**1. Why is this relevant for** r/neoliberal **?**
News about potential signing of one of the biggest global FTAs
**2. What do you think people should discuss about it?**
Weather the likelyhood of signing is high or not and weather the FTA is good or not and how it could potentially be improved on. What this means for potential EU – India FTA and general global trade relations
**2a. What do you think of the issue at hand?**
Weather the world continues on the path of globalisation or it retreats into protectionism.
P.S. [Archive link](https://archive.ph/lsbaE#selection-3617.0-3634.0)
Who’s still in the way? France?
Guess the cheque cleared
I still find the EU attitude bizarre. Manufacturing fetishism isn’t good, but I can at least understand it. Farming fetishism makes no sense because working on a farm sucks with low margins and most people can’t remember the last ancestor doing it
The EU should be kissing the ground that Paraguay walks on that they’re a right wing authoritarian one party state and therefore only recognize Taiwan, else there’d be a China-Mercosur deal right now and steal their thunder