The party argues that the agreement serves industrial and export monopolies, while the Commission’s promises of support funds for farmers are dismissed as “cheese on a stick” meant to keep them tied to speculative mechanisms and EU policy frameworks.
The KKE warns that the deal will have serious consequences for food quality in Europe, increase prices of imported products and deepen inequalities, further undermining small producers. It calls for resistance and social struggle against EU trade policy.
The interim trade agreement is expected to be approved through a written procedure, after which Commission President Ursula von der Leyen will travel to Paraguay to sign on behalf of the EU. While the broader Partnership Agreement requires ratification by all 27 EU member states and all Mercosur countries, the Interim Trade Agreement does not, as it falls under the EU’s exclusive competence.
Negotiated over 25 years, the EU–Mercosur deal would create the world’s largest free trade zone, covering 780 million people and roughly a quarter of global GDP. Supporters argue it offers a strategic counterweight to China and will boost European exports of vehicles, machinery and wine at a time of rising US tariffs.
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