European Parliament freezes Mercosur deal, referring it to EU Court of Justice

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European Parliament freezes Mercosur deal, referring it to EU Court of Justice

After clearing major political hurdles after more than two decades, the mammoth trade deal now faces further delay pending a judicial verdict.

READ MORE : http://www.euronews.com/2026/01/21/european-parliament-freezes-mercosur-deal-referring-it-to-eu-court-of-justice

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00:00The European Parliament has voted to refer the EU-Mercosur Trade Agreement to the EU Court of Justice on Wednesday.

00:08The move significantly delays the deal and could even potentially derail its final approval.

00:13The vote, as expected, was tight, with 334 MEPs voting in favor of the referral, 324 against, and 11 abstaining from the vote.

00:24The European Commission could still provisionally apply the deal, provided the move was endorsed by Member States.

00:32It would be the first time, if the Commission decides to apply for a provisional application of this agreement,

00:41knowing that it comes just a few hours after the vote against an application short-term of the Mercosur Agreement by the Parliament,

00:51that would be very difficult to accept from the Parliament's perspective that the Commission does such a move.

01:00They have the right to do so, but politically speaking, that would be difficult to accept for us.

01:06The EU-Mercosur Agreement was signed on the 17th of January and is set to create a free trade area of over 700 million people.

01:15It's controversial across Europe and several countries like France and Poland have steadfastly opposed it.

01:20The agreement's advocates consider it a major opportunity for European industries and a way to bolster the bloc's geostrategic position,

01:28especially at a time of constant clashes with their biggest and formerly most reliable partner, the United States.

01:35The referral to the top EU courts suspends the approval procedure in the European Parliament,

01:40which was set for a final vote in the coming months.

01:43A court ruling could take more than a year to be issued, and in the interim, the deal's approval will be frozen.

01:50The court thirteen here has all its top units .

01:53If a Singleambre which starts to be mentioned before,

01:56It might go for five weeks to close to the LORD's plan.

01:58After that report, theale is done in 1995-2009...

02:02...al terme of the Catalunya 계newig.

02:04The mourners and the couple other countries were fingering for the Olivier films,

02:10which are 24 hours later on.

02:13When you do not accept this weekend,

European Parliament freezes Mercosur deal, referring it to EU Court of Justice

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