The potential impact of the EU/Mercosur trade agreement would be an increase in the EU’s negative trade balance of €1.5 billion, including an increase in imports of €2 billion in value terms, declared the European Commissioner for Agriculture, Janusz Wojciechowski, at the close of the ‘Agriculture’ Council meeting in Luxembourg on Tuesday 27 June (see EUROPE B13201A30).
At the Council, which took stock of trade agreements, several countries mentioned the EU/Mercosur agreement...