Sun, 23 Jun 2024



‘Trade deal binds Bolsonaro to Paris pact’
Published on: Thursday, July 18, 2019
Text Size:

‘Trade deal binds Bolsonaro to Paris pact’
BRUSSELS: The top EU trade official defended the blockbuster deal between the bloc and major South American partners on Wednesday, insisting it binds Brazil to the Paris Agreement on climate change.

In an interview with AFP, Cecilia Malmstrom (pic) said the EU-Mercosur treaty was a “good deal that does not sacrifice” European agriculture, hailing one of the last agreements under her mandate, which ends on October 31, after those reached with Japan and Canada.

Last month, after two decades of talks, the EU announced a preliminary trade agreement with Mercosur countries – Argentina, Brazil, Paraguay and Uruguay – one of the biggest such pacts ever negotiated.

Malmstrom, who led negotiations in the final stretch, has since faced a barrage of criticism, notably by European farmers afraid of a flood of beef imports and environmentalists alarmed over Brazil’s rampant deforestation of the rain forest.

At the centre of these concerns is Brazil’s far-right President Jair Bolsonaro, an unabashed climate change sceptic who has ramped up deforestation and threatened to follow Washington by dumping the climate accord.

This trade agreement “does not mean that we agree with all the policies of these countries, but it is a way to anchor Brazil in the Paris Agreement,” Malmstrom said.

US President Donald Trump “tries to get other political leaders to join him and leave the Paris Agreement. Here, President Bolsonaro chose, and came with us,” she said.

Pressured by France, Malmstrom and her teams made adherence to the Paris climate deal a condition of the trade deal, a position Brussels says will now apply to all such pacts.

Under the Paris accord, Brazil is committed to delivering 12 million hectares of reforestation in the Amazonian forest that plays a crucial role in regulating the earth’s climate.

Malmstrom acknowledged that the deal faces a torturous ratification process, with about 40 national or regional parliaments across Europe as well as the European Parliament needing to approve it. – AFP


Top Stories Today

Business Top Stories

Follow Us  

Follow us on             

Daily Express TV  

Try 1 month for RM 18.00
Already a subscriber? Login here

Try 1 month for RM 18.00

Already a subscriber? Login here