BRASILIA (Reuters) - South American trade bloc Mercosur will have its counterproposal to a European Union addendum to their long-overdue trade accord ...
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Vieira told the country's farm state caucus in Congress that Mercosur's counterproposal to the EU's so-called side letter had been delayed by a change of government in Paraguay. But the Paraguayan reply will be ready by Sept. 17, the farm caucus's leader, Pedro Lupion, told reporters. European negotiators have been waiting since March for a reply to their addendum. The addendum includes environmental safeguards to address strong reservations expressed by many EU member countries about the deal, which has been under negotiation for two decades.
"The European Union guidelines for reducing the climate impacts to the level they want would make agricultural production in Brazil unfeasible," he said.
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