01 Dec 2022 | 2:00 pm - 3:00 pm (CET)
WEBINAR #4 of the ‘EU-Mercosur Free Trade Agreement’ Series
It is recognised that the main concerns that surround the EU–Mercosur FTA relate to the deforestation of the Amazon, the overall intensive agro-industrial model of the Mercosur countries, and Brazil’s weak commitment to the Paris Agreement under President Jair Bolsonaro. The scope of its trade and sustainable development (TSD) chapter is seen to be both limited, and its enforcement mechanisms too weak. However, it can be argued that there is currently no trade agreement that could solve the Mercosur countries’ many crucial climate and environmental challenges. However, if the EU is to take its sustainable development – and new green deal – objectives seriously, it has every opportunity to leverage its trade power – and tools – to the fullest extent.
Consequently, The European Commission has at hand an opportunity to utilise all the legal instruments to guarantee strong TSD commitments from the Mercosur countries: this includes strong monitoring and implementation procedures using the joint association agreement (AA) bodies. At a time of global tension, this is an opportunity to create calm through strong collaboration and exchange that tackles the multiple issues of climate change, environmental degradation and the diminishing services of the biosphere simultaneously alongside improving the well-being of millions who rely upon peace, security, and shared prosperity. To develop peoples’ talents, foster diversity and nurture creativity sustained by a strong market economy that offers all people real choices.
Moderator: Dr Maria Aranzazu Gomez Arana, Senior Lecturer at Northumbria University (TBC)