#Associations
EU-Mercosur association agreement
The EU-MERCOSUR agreement is the largest and most ambitious trade agreement ever negotiated by both sides, provides regulatory certainty for both trade in goods and services, and establishes better trade links between countries of respectively 440 and 260 million citizens. It also includes the most advanced sustainable development provisions that will foster partnership, help mitigate climate change and bind both sides to effectively implement the Paris Agreement. Moreover, it includes enforceable commitments on workers’ rights and environmental protection through a dedicated dispute settlement mechanism.
Failure to ratify the agreement would leave the EU and Mercosur with fewer instruments to build mutual trust and cooperate to face the biggest challenge of our time. Moreover, non-ratification will lead to Mercosur countries continuing to trade, or even expanding their trade, with other trading partners that have substantially lower environmental and labour standards.
To know the detailed reasons to support the ratification process, read the full joint statement and check our infographic.
https://euratex.eu/wp-content/uploads/Mercosur-Joint-Statement-FIN.pdf
https://euratex.eu/wp-content/uploads/Mercosur-Infographic.png
