Despite Merkel’s “Serious Doubts,” German Industry Defends Mercosur-EU Agreement

In a statement, the he Association of German Chambers of Industry and Commerce (DIHK) defended the agreement saying it “could provide the urgently needed boost to the economy, during the current crisis” related to the coronavirus pandemic.

RIO DE JANEIRO, BRAZIL - After Germany’s Chancellor Angela Merkel stated on Friday she had “considerable doubts” over whether to keep backing the European Union’s (EU) trade deal with the Mercosur due to environmental threats of deforestation in Brazil’s Amazonia, the Association of German Chambers of Industry and Commerce (DIHK) responded, defending the agreement that was reached last year.

In a statement, the German Chamber defended the agreement, saying it “could provide . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?