Mercosur

Regional News • Americas • Brazil
Merkel warns Amazon deforestation threatens EU-Mercosur deal
Angela Merkel meets Emmanuel Macron
Angela Merkel meets Emmanuel Macron Credit: Bundeskanzlerin (Public Domain)

The German Chancellor Angela Merkel stated she has "considerable doubts" about backing the EU-Mercorsur deal due to environmental concerns. The chancellor met Thursday climate campaigners in Berlin.

Steffen Seibert, spokesperson for the German government, told reports that "Serious questions have arisen due to the ongoing environmental concerns "as to whether the implementation of the agreement in the intended spirit would be guaranteed at present."

The trade deal between the EU and the Mercosur states of Brazil, Argentina, Paraguay and Uruguay, would create the world's largest free-trade zone.

Regional News • Americas • South America
Argentina exits Mercosur trade talks

Mercosur released a statement last Friday (April 26) that Argentina decided to withdraw from ongoing trade negotiations with the South American trade bloc to focus on the growing economic crisis at home. The bloc, formed by Argentina, Brazil, Paraguay, and Uruguay, has recently been hobbled by political squabbling and government changeovers.