EU Agriculture Commissioner says the EU trade agenda promises export of pork and dairy and take advantage of opportunities in international markets

Published 2021년 2월 2일

Tridge summary

The European Commission is optimistic about the potential impact of 12 existing and seven under negotiation free trade agreements on the European Union's agricultural exports, projecting an increase in agricultural exports and foodstuffs to these markets by 25 to 29 percent by 2030. The study identifies Japan and the Mercosur countries as the most significant markets, with dairy products, pork, processed foods, and drinks, especially wine and cheese, experiencing the greatest growth. While these trade agreements are expected to bring challenges to certain sectors like beef, mutton, poultry, sugar, and rice due to increased imports, the commission emphasizes the need to balance export opportunities with safeguarding market integrity and food safety. The trade agreements are seen as a strategic platform for enhancing the global reach of European agricultural products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

European Commissioner Janusz Wojciechowski (Agriculture) was particularly delighted this week when presenting a European study into the effects of the trade agreements on European agricultural exports in 2030. 'The study confirms that the agricultural sector of the European Union (EU) can take advantage of the EU trade agenda and seize opportunities in international markets, where future growth lies. ' The study calculated what the 12 free trade agreements will deliver in 2030 compared to a situation without these agreements. It concerns the existing treaties, ratified or not, such as with Canada, Mexico, Mercosur (Brazil, Argentina, Uruguay, Paraguay and Venezuela), Japan and Vietnam. Seven agreements In addition, seven agreements were examined and are still under negotiation. Those are the agreements with Malaysia, Indonesia, Philippines, Thailand, Australia, New Zealand and Chile. The study looked at a conservative and ambitious scenario. In both scenarios the bottom line ...
Source: Nieuwe Oogst

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