Peru: Beef and rice are among the European sectors most affected by Mercosur and 11 other agreements

The report, prepared by the Commission's Joint Research Center, nevertheless highlights that the joint impact of these twelve agreements will be positive for the European Union (EU), which will increase its agri-food exports, especially dairy products, meat from pork, beverages and tobacco and processed foods. The most vulnerable sectors include veal, sheep and poultry meat, sugar and rice, due to the increasing imports that will enter the EU from the countries with which the agreements are concluded. For trade agreements to be “acceptable from an economic and social point of view and sustainable for the most sensitive European agricultural sectors”, the study indicates that “the safest option would be better access to markets in the form of tariff quotas”. Although the study does not analyze the impact on each of the member states, community sources explained that taking into account that the wine and fruit and vegetable sectors will benefit from these trade agreements, this will ...