Italy Pushes Pause on EU-Mercosur Trade Agreement Over Agricultural Concerns

Italian Prime Minister Giorgia Meloni expresses hesitance to support the EU-Mercosur trade agreement until agricultural sector concerns are addressed. She emphasizes the need for additional protective measures for farmers before approving the deal, aligning with countries like France while others like Germany and Spain support it.

In a significant move, Italian Prime Minister Giorgia Meloni has indicated her reluctance to approve the long-negotiated trade agreement between the European Union and the Mercosur bloc. Her position deals a setback to plans for finalizing the deal imminently.

Meloni emphasized the importance of addressing the agreement's impact on all sectors, particularly agriculture, pointing out the necessity for assurances and protections for farmers. This stance aligns Italy with France in calling for a delay.

While some European countries argue the agreement would bolster exports and reduce reliance on China, Italian concerns focus on ensuring competitive parity for its agricultural sector before proceeding.

(With inputs from agencies.)