You won’t believe why Macron just rejected EU-Mercosur FTA! Find out now!

In a bold move that highlights the importance of protecting local farmers and maintaining stringent environmental standards, French President Emmanuel Macron made it clear to his Argentine counterpart, Javier Milei, that France will not sign the EU-Mercosur Free Trade Agreement in its current form. This decision came after French farmers voiced concerns about unfair competition from Latin American meat that may not adhere to Europe’s strict regulations.

Here are the key points from Macron’s meeting with Milei and the discussions that took place:

• Macron emphasized France’s stance on not signing the EU-Mercosur FTA as it stands, showing his support for French farmers who fear the repercussions of the deal.
• The European leader also urged Milei to collaborate on climate issues, highlighting the importance of working together to address global challenges.
• Despite their differences on certain issues, Macron and Milei engaged in constructive dialogue ahead of the G20 Summit in Rio de Janeiro.

The discussions in Buenos Aires also touched on France’s potential sale of submarines to Argentina. However, progress on this deal has been hindered by financial obstacles, with both the German and French naval companies competing for the contract. France’s willingness to provide favorable credit terms has been met with resistance from banks, adding complexity to the negotiations.

Following his visit to Argentina, Macron paid tribute to French nuns who lost their lives during the country’s dictatorship, underscoring the historical ties between the two nations. Despite the challenges in the submarine deal and other diplomatic hurdles, Macron’s visit symbolized the importance of strengthening bilateral relations.

In conclusion, Macron’s firm stance on the EU-Mercosur FTA reflects his commitment to upholding French interests and values. By engaging in frank discussions with Milei and other Argentine officials, Macron demonstrated the significance of dialogue and cooperation in addressing complex issues on the global stage.