The COVID 19 crisis should be a wake-up call for the destruction of biodiversity and the pursuit of unhindered economic and global growth to expose humanity to great threats. Business as usual is no longer an option. The mercosur agreement takes us back. Instead, trade policy must support local and shorter value chains, which are less vulnerable to disruption, and the ability of governments to establish resilient and decentralized food and health care systems with greater capacity to produce medicines and medical equipment at the regional level. The EU must transform its trade objectives into multilateral trade rules that support and are subordinated to environmental, social, human rights and development policies that keep us within global borders and promote peace. Instead, this agreement will deepen trade asymmetries between the blocs, increase unemployment, increase environmental degradation and endanger the health of people on both sides of the Atlantic. Like all EU trade agreements, the EU-Mercosur agreement gives governments of both parties complete freedom to manage the distribution of water or other essential services as they see fit. They always decide whether these services are part of the public or private sectors. The agreement between the EU and Mercosur is no different.
The texts published so far by: Uruguay (July 2019): www.bilaterals.org/?eu-mercosur-fta-texts-jul-2019 – THE EU (July 2019): www.bilaterals.org/?eu-mercosur-fta-texts-eu-jul-2019 – Argentina (September 2019): www.bilaterals.org/?eu-mercosur-fta-texts-argentina The increasing use of protectionist measures by national heads of state and government is seen as a stimulus for the resumption of talks in 2016.  The EU can hope that the agreement is a major break in this global revival of protectionism.  European Commission President Jean-Claude Juncker called the agreement the approval of “rules-based trade” at a time of increasing protectionism.  Mercosur could hope to use the agreement as a model for future business in the future.  Mercosur`s presidents have already stated that they want to conclude trade agreements with Canada and EFTA.  Argentine President Mauricio Macri said the agreement with the EU was “not a point of arrival, but a starting point”.  At a time when protectionist pressure is intensifying, a trade agreement between the EU and Mercosur sends a clear signal to the world that two of its largest economies: more, no less cooperation: the rejection of the EU-Mercosur agreement should not be interpreted as a refusal of constructive cooperation with the region.