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Finalising the EU-Mercosur agreement is a priority for the EU and the upcoming Spanish EU council presidency, ahead of the summit with Latin America and the Caribbean countries to be held in Brussels on 17 and 18 July.
After the European Parliament adopted a new anti-deforestation regulation in April, concerns have been raised over how it will apply to the still unratified EU-Mercosur free trade agreement and whether it might hamper the final deal.
The EU has prioritized a new form of globalization that is tailored more closely to the union’s immediate interests. The question of whether this new strategy amounts to renewed globalization or less globalism remains.