TRADE
It’s now or never, Lula says about EU-Mercosur deal

At a cabinet meeting yesterday, Lula issued an ultimatum for signing the EU-Mercosur trade deal. Photo: Ricardo Stuckert/PR
President Luiz Inácio Lula da Silva’s frustration with Europe over the stalled Mercosur-European Union trade agreement finally boiled over this week, turning a 26-year negotiation into a now-or-never gamble.
This week, the European Parliament made agricultural safeguards stricter than initially proposed. Then, a day later, Italian Prime Minister Giorgia Meloni publicly aligned herself with French President Emmanuel Macron in calling for a delay, arguing that it would be “premature” to sign the deal without even tougher protections…

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