00:00The European Commission has launched the ratification process for the trade
00:08agreement with the Mercosur countries including Argentina, Brazil, Paraguay and Uruguay.
00:13In order to address concerns raised by some member states like France as well as European
00:20farmers, the Commission is proposing the inclusion of safeguard clauses.
00:24Should the market disruption occur, the proposed 6.3 billion euros of the unity safety net
00:32under the next multi-annual financial framework stands ready to support the agricultural sector.
00:39In addition, the Commission is proposing to supplement the agreement with the legal act
00:45to operationalize the bilateral safeguard mechanism in our agreement with Mercosur.
00:51Specifically, the Commission plans to monitor imports of sensitive agricultural products
00:57such as beef, sugar and poultry and will report on them every six months.
01:02If market disturbances are observed in a member country, the Commission will have about 20
01:07days to react.
01:09Investigations may be launched in the event of a sudden increase in imports or a fall in
01:13the price of sensitive agricultural products in the EU.
01:17The bar is set at 10 %. However, an expert told Euronews that the agricultural sector
01:23remains skeptical about the effectiveness of the proposed safeguard clauses.
01:27The debate today is focused on the clauses of safeguarding in case of perturbation
01:33of markets, but on the heart of the problem, which is the differential in the practices of production
01:39between what is done in Latin America and what is done in the European Union where we have
01:44extremely strong requirements for agricultural producers.
01:50The agreement now awaits a vote in the European Parliament and must be approved by a qualified
01:58majority of member states.
02:01Historically France, Poland and Italy have opposed the deal, but growing pressure from US tariffs
02:06could prompt them to reconsider their position.
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