A coalition of 13 associations representing different European industry sectors issued a joint statement, on Monday 28 June, calling for a swift ratification of the EU-Mercosur trade agreement. Among the signatories are the organisations BusinessEurope, EuroCommerce, Euratex and SpiritsEurope.
Based on a study by the London School of Economics (LSE), they point out that the agreement is expected to increase EU exports to Mercosur by 10.6% and those in the opposite direction by 52%.