For European cheeses, the EU-Mercosur agreement is worth 245 million, and Italy is the export champion

Published 2024년 12월 9일

Tridge summary

The EU-Mercosur trade agreement, which is expected to simplify import-export trade with South American countries, has received criticism from the European agricultural market but has also been identified as an opportunity by the European dairy sector. The agreement could be worth up to 245 million euros to the dairy sector, with South American countries accepting a chapter to protect geographical indications, which will protect the nine most exported Italian cheeses. However, the dairy industry has had to recover from significant setbacks, including additional duties on some of the most exported Italian cheeses to the US in 2019, which resulted in over 6 thousand tons of product being left unsold in 2020. Despite these challenges, Italy is now the leading exporter of cheese to the US market, covering 20% of total American dairy imports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The signing of the EU-Mercosur trade agreement that regulates and simplifies import-export trade with South American countries has raised criticism from the European agricultural market, but there is no shortage of opportunities. After the promotion from Unione italiana vini, considerations from Assolatte have arrived, according to which the signature «opens up a market that has a potential value for the European dairy sector of 245 million euros». The association that represents Italian dairies underlines in a note that «in the Mercosur countries (Argentina, Brazil, Paraguay and Uruguay) Italian cheeses have not yet taken off» and «without going into the critical issues highlighted by other food sectors and the path that will be decided for its implementation in Europe», it points out that «it is clear that for the dairy sector the agreement brings some significant results, both in terms of duties and in the chapter on the protection of geographical indications. As regards the ...

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