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With an area of nearly 8.5 million km2 and a population of around 212 million (approximately twice the size of the EU with half the population), Brazil is Latin America's largest and most populated country, the biggest democracy (and, despite many observers' concerns over the current state of democracy) one of the freest countries) in the region. It is politically organised as a Federative Republic, formed by the Union, 26 states, 5 570 municipalities and the Federal District (Brasilia). The Brazilian ...

Amazon deforestation and EU-Mercosur deal

Rövid áttekintés 29-10-2020

After coming to a political agreement on the trade pillar of the three-pronged EU-Mercosur association agreement in June 2019, the EU and the four founding members of Mercosur (Argentina, Brazil, Paraguay and Uruguay) reached agreement on the political dialogue and cooperation parts in July 2020. However, as environmental deregulation and deforestation continue unabated in Brazil, opposition to the deal is growing. It is unlikely to be submitted to the European Parliament for consent in its current ...

For the largest tropical rainforest on Earth, an aggravated forest fire and deforestation regime in Amazonia put at risk the world’s richest biodiversity assets and a major climate regulator. For the EU27, it highlights the need to associate the question of embodied deforestation consumption by placing deforestation-free supply chains at the centre of negotiations surrounding the EU-Mercosur Association Agreement, given the volume of trade between these economic blocs in meat, leather, soy, coffee ...

Collectively, the 33 countries forming the Community of Latin American and Caribbean States (CELAC) are the EU's fifth largest trading partner. The EU has fully fledged agreements with two Latin American groupings (Cariforum and the Central America group), a multiparty trade agreement with three countries of the Andean Community (Colombia, Ecuador, and Peru), and agreements with Mexico and Chile that are in the process of being modernised. Furthermore, the EU has inter-regional and bilateral framework ...

On 28 June 2019, the European Union (EU) and the four founding members of Mercosur (the 'Southern Common Market') – Argentina, Brazil, Paraguay and Uruguay – reached an 'agreement in principle' on a free trade agreement (FTA) as part of a wider association agreement (AA). However, spurred by massive destruction of the Brazilian Amazon through large-scale forest fires, EU policy-makers and international environmental groups alike have since become increasingly vocal in expressing concerns about the ...

Globally, anti-trade sentiment is on the rise, meaning it is incumbent upon policymakers to explore and explain the benefits of free and open trade. This study examines the costs and benefits of various free trade agreements (FTAs) that the EU has completed, will complete, or is contemplating. With regard to completed FTAs, the EU has seen benefits in terms of consumer choice but has a much larger and positive impact on its partners (although not as much as ex-ante modelling would suggest). For forthcoming ...

This publication provides an overview of trade relations between the EU and Latin American and Caribbean countries and groupings. The EU has fully fledged agreements with two Latin American groupings (Cariforum and the Central America group), a multiparty trade agreement with three members of the Andean Community (Colombia, Ecuador, and Peru), and bilateral agreements with Chile and Mexico. Since November 2017, a new agreement governing trade relations with Cuba has also been provisionally applied ...

This publication provides an overview of trade relations between the EU and Latin American and Caribbean countries and groupings. The EU has concluded fully fledged agreements with two Latin American groupings (Cariforum and the Central America group), a multiparty trade agreement with three members of the Andean Community (Colombia, Ecuador, and Peru), and bilateral agreements with Chile and Mexico. It is currently also modernising its agreement with Mexico and intends soon to start negotiations ...

Trade is the EU's most important link to the world beyond its borders. In force since the 1957 Treaty of Rome, the transition to a common EU trade policy was completed in 1968. It is the EU's oldest instrument influencing the bloc's foreign relations. Today, Article 207 of the Treaty on the Functioning of the European Union (TFEU) establishes the common trade policy as an exclusive EU competence. Following the procedure under that legal basis the EU negotiates, concludes and implements trade agreements ...

Argentina ahead of the 2017 mid-term elections

Rövid áttekintés 10-10-2017

Since his election in 2015, Argentina's centre-right President, Mauricio Macri, has pursued sweeping domestic and foreign policy reforms, although his 'Let's Change' (Cambiemos) coalition of centre-right and centre-left parties holds only a minority of seats in the bicameral Congress. His presidency has marked a major shift from left-wing populism under his predecessors, Néstor Kirchner (2003-2007) and Cristina Fernández de Kirchner (2007-2015), to economic neoliberalism. The mid-term vote on 22 ...