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a qualified majority in the EU. For this reason, Italy’s position is decisive.
On the other hand, Pedro Sánchez has regretted the reluctance of countries such as France and italy’s last-minute doubts, and he has assured before entering the European Council that it would be “very frustrating” if the pact were to fall apart. In this sense, the Spanish president has once again claimed the importance of this agreement, both for “historical and cultural” and “commercial” reasons, and has remarked that it would mean weaving alternative alliances that reinforce autonomy and reduce dependencies on the European bloc, especially after the break with Moscow and the return of Donald Trump to the White House. Spanish diplomatic sources, however, have been optimistic about the agreement and have criticized the fact that it has been postponed again.
It should be remembered that this is the largest free trade pact that the EU bloc intends to sign with an ally. The pact will create a joint market of more than 780 million peopel and which is estimated to save Europeans around 4 billion in tariffs, according to data from the European Commission itself.
Brussels and the member states most favorable to the understanding with the Latin American allies also consider that it is an agreement that would allow the European Union to gain autonomy and reduce dependencies with other powers,especially with the United States and China. In fact, the pact regained momentum following the war in Ukraine and the realization of the danger of depending in some field on a single partner, as was the case with Russia and its fossil fuels.
Farmers protest in Brussels against the Mercosur agreement
Hundreds of farmers from all over the European Union have traveled to Brussels to protest against the new common agricultural policy (CAP) proposed by the European Commission and the potential signing of the European bloc’s trade agreement with Mercosur (Brazil, Argentina, Uruguay and Paraguay).Hundreds of tractors, also Catalan farmers, have collapsed in the center of the city where the headquarters of the main community institutions are located, coinciding with the european Council this Thursday, in which the commercial pact with Mercosur was being discussed precisely.
