EU-Mercosur Agreement Introduces New Farmer Protections

European Commission proposed regulation on October 8 to strengthen farmer protections under EU-Mercosur Pact.
10% threshold for Mercosur import prices triggers Commission investigations.
Provisional safeguards activate within 21 days if prices are lower.
Farmers can request investigations; tariffs may be withdrawn if serious injury is found.
Sensitive sectors include beef, eggs, ethanol with 99,000t beef quota over 5 years at 7.5% tariff.
Free trade zone covers 780 million people and 235.4 billion euros in EU exports.
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