Keyword: free trade deal

EU-Mercosur free trade deal under fire, but how hot might it get?

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A burned-out, deforested area of the Amazon rainforest near Novo Progresso, Para state, Brazil, August 25th 2019. © Joao Laet/AFP A burned-out, deforested area of the Amazon rainforest near Novo Progresso, Para state, Brazil, August 25th 2019. © Joao Laet/AFP

The French government has announced it will not sign “as it stands” a proposed free trade deal between the European Union (EU) and the Mercosur economic bloc of South American countries Argentina, Brazil, Paraguay and Uruguay, citing environmental concerns and notably the deforestation of swathes of the Amazon region for cattle farms. But while EU member countries appear increasingly divided over the terms of the trade agreement, French economist Mathilde Dupré, co-founder of the Paris-based Veblen Institute think tank on economic issues surrounding ecological transition, tells Mediapart why what she calls a “climaticidal” deal may yet go ahead.