EU-Mercosur trade deal branded ‘worst ever’ for climate

A draft trade agreement between the EU and South America’s Mercosur trade bloc has been met with a barrage of criticism from green groups over its possible impact on deforestation rates

A draft trade agreement between the EU and South America’s Mercosur trade bloc has been met with a barrage of criticism from green groups over its possible impact on deforestation rates. 

Branded as “historic” by European Commission president Jean-Claude Juncker, the agreement covers a population of 780 million and is designed to promote trade in cars and car parts, machinery, chemicals, pharmaceuticals, clothing and agri-food products, saving European companies over €4 billion a year in tariffs. 

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