Mercosur-EU Accord Threatened by Brazil’s New Environment Stance

French President Emmanuel Macron criticizes statement by Brazil’s Bolsonaro that the country may back down from Paris Accord.

By Lise Alves, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – A statement made by French President before the G-20 Conference in Argentina this weekend has raised concerns in Brazil and its neighbors. President Emmanuel Macron said that the possibility of his government supporting the EU-Mercosur trade agreement depends on the position of President-elect Jair Bolsonaro on the Paris Climate Agreement.

"There was a major political change in Brazil recently, so Mercosur needs to reflect the nature of the impact of this change. I am not in favor of signing broad trade agreements with powers that do not . . .

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