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ARTICLE · 26 JULY 2019

Environmental Provisions Of The EU/Mercosur Trade Agreement

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As widely disclosed, Mercosur and EU have recently concluded the basis of the trade agreement between the two economic blocs.

GlobalEnvironment

As widely disclosed, Mercosur and EU have recently concluded the basis of the trade agreement between the two economic blocs. The principles of the agreement contain an entire section (Section 14) dedicated to sustainability principles.

In the chapter, the parties have officially agreed that trade between the countries shall not adversely impact the environment or working conditions, pointing out that trade should promote sustainable development. The countries agreed not to reduce labor and environmental protections as a result of the agreement, but assured the member countries of the EU and Mercosur that they will retain their sovereignty, especially in relation to the enactment of laws to protect health and the environment, including in cases of inconclusive scientific information.

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This article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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