French Farmers Protest EU-Mercosur Trade Deal, Threaten to Block Food Freight
November 21, 2024Despite recent government aid announcements, unions are pushing for a budget vote that includes more favorable measures for farmers.
The proposed trade agreement includes a safeguard clause to manage sudden import surges, but its vague conditions may complicate enforcement.
While the trade deal is expected to lower prices for consumers in both regions, farmers fear it could undermine their livelihoods.
In addressing protests, the government has clarified that while dialogue with agricultural unions is encouraged, actions causing damage will not be tolerated.
A leader of the farmers' movement expressed pride in the unprecedented scale of their actions, highlighting the urgency of their cause.
The government plans to offer two types of loans to farmers: short-term loans for immediate challenges and long-term loans for structural issues, with favorable interest rates.
Barnier praised farmers as essential workers who often receive little compensation for their hard work, assuring them of government support.
Minister Annie Genevard emphasized the importance of government and bank collaboration to help farmers avoid financial crises, although the cost implications remain unclear.
Anthony Clément from Banque Populaire noted that these loans aim to alleviate financial burdens for farmers rather than increase their debt.
The upcoming parliamentary debate on the trade deal will proceed without binding consequences, allowing for discussion without full political responsibility.
Farmers in France are actively protesting against the European Union's proposed free trade agreement with Mercosur countries, planning to block food freight if their demands are not addressed.
The long-term loan program, backed by Bpifrance, targets farmers facing structural difficulties, particularly those related to climate change.
Summary based on 134 sources
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Sources
Yahoo News • Nov 18, 2024
Tractor-driving French farmers protest EU-Mercosur dealYahoo News • Nov 19, 2024
French farmers threaten 'chaos' over proposed EU-Mercosur dealABC News • Nov 18, 2024
French farmers mobilize for protests over EU-Mercosur trade dealAP News • Nov 18, 2024
French farmers mobilize for protests over EU-Mercosur trade deal