EU moves ahead with Mercosur trade deal despite legal review

European Commission President Ursula von der Leyen announced Feb. 27 that the EU will proceed with the provisional implementation of its trade agreement with the Mercosur bloc, after Uruguay and Argentina ratified the deal on Feb. 26. The agreement includes a duty-free import quota of 450,000 metric tons/year of non-fuel ethanol and 200,000 mt of fuel ethanol at a tariff rate set at one-third ofEuropean Commission President Ursula von der Leyen announced Feb. 27 that the EU will proceed with the provisional implementation of its trade agreement with the Mercosur bloc, after Uruguay and Argentina ratified the deal on Feb. 26. The agreement includes a duty-free import quota of 450,000 metric tons/year of non-fuel ethanol and 200,000 mt of fuel ethanol at a tariff rate set at one-third ofRead More