Distrust in Europe of Brazilian President Jair Bolsonaro’s government is holding up ratification of a trade deal between the European Union and Mercosur, the EU ambassador to Brasilia said.
Agreed in principle last year after two decades of negotiations, the EU’s draft deal with the South American trade bloc would create a huge market of more than 750 million people.
But the ratification process has stalled among the EU’s 27 members, notably over concerns about Brazil’s perceived lack of commitment to protecting the Amazon rainforest.
“The distrust is there,” the EU ambassador to Brazil, Spanish diplomat Ignacio Ybanez Rubio, said in an interview posted Saturday (12 December) on Brazil’s Congresso em Foco news site.
Distrust of Brazil stalling EU-Mercosur trade deal, says official | Money
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Distrust Of Brazil Stalling EU-Mercosur Trade Deal: Official
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Distrust Of Brazil Stalling EU-Mercosur Trade Deal: Official
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