Within less than two months after the Commission put forward its proposal on a regulation implementing the bilateral safeguard clause of the EU-Mercosur Partnership Agreement and the EU-Mercosur interim Trade Agreement for agricultural products, the Council today approved the proposal without introducing any amendments.
The regulation strengthens protections for EU farmers in the context of the agreements and introduces into EU law the safeguard provisions included in both agreements for agricultural products. It aims to ensure that safeguard measures can be applied swiftly and effectively in case imports from Mercosur partners cause or threaten to cause serious injury.
This decision is without prejudice to the ongoing discussions within the Council on the signature and conclusion of the EU-Mercosur Partnership Agreement and interim Trade Agreement.
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