BRUSSELS: As the European Union looks forward to a fresh start with the United States under a new president, it is riddled with doubts over another transatlantic relationship.
While few noticed when the EU began talks with Mercosur in 1999, scrutiny of trade deals has since intensified, particularly after the bloc launched Transatlantic Trade and Investment Partnership negotiations with the United States in 2013, drawing mass protests. Apart from Australia and New Zealand, there were no"easy deals" left on the horizon for the EU, Henig said, noting potentially tough negotiations to come with ASEAN countries, including Indonesia and the Philippines.Portugal, with close ties to South America, made concluding the deal a priority of its presidency of EU affairs in the first half of 2021, saying Europe's credibility was at stake.
Austria has since taken the lead."No to Mercosur" is written into its new government accord and Vice Chancellor Werner Kogler, a Green, wrote to Portugal's prime minister this month, saying Austria would"do its utmost" to oppose the deal. Critics say 15 pages in the existing Mercosur text on labour and the environment lack teeth. The European Commission now proposes securing clearer commitments.
"Without this, then it would be problematic. There are some critical voices in more or less every political group," Bernd Lange, chair of the parliament's trade committee, said.
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