The EU must swiftly implement the FTA with Mercosur, EU food industry associations insist

EuroCommerce

Thursday, January 11, 2024

Twenty-three associations representing a wide array of European industries and other businesses based in the EU, ranging from manufacturing to food-related sectors, have written to the presidents of the European Parliament, the European Council and the European Commission, to call on the EU and Mercosur leaders to rapidly conclude the trade negotiations. In 2019, it was understood that the EU open a “supplementary quota” of 180,000 tonnes of sugar at zero tariff, a quota of 450,000 tonnes of industrial ethanol and 250,000 tonnes of fuel ethanol. It was understood that these quotas would be phased in over five years and that sugar quota may somehow be linked to EU sugar consumption.

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