Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

France will not sign Mercosur deal under current conditions: minister Borne

Published 10/08/2019, 03:15 AM
Updated 10/08/2019, 03:15 AM
© Reuters. FILE PHOTO - French Transport Minister Elisabeth Borne leaves after the weekly cabinet meeting at the Elysee Palace in Paris

© Reuters. FILE PHOTO - French Transport Minister Elisabeth Borne leaves after the weekly cabinet meeting at the Elysee Palace in Paris

PARIS (Reuters) - France will not sign the EU-Mercosur farming deal struck between the European Union and the Mercosur countries of Brazil, Argentina, Uruguay and Paraguay under current conditions, France's environment minister said on Tuesday.

"We can't sign a trade treaty with a country that doesn't respect the Amazon (NASDAQ:AMZN) forest, that doesn't respect the Paris (climate) treaty. France will not sign the Mercosur deal under these conditions," minister Elisabeth Borne told BFM TV.

© Reuters. FILE PHOTO - French Transport Minister Elisabeth Borne leaves after the weekly cabinet meeting at the Elysee Palace in Paris

French President Emmanuel Macron said late August he had decided to block the EU-Mercosur deal, accusing Brazilian President Jair Bolsonaro of lying in playing down concerns about climate change, drawing criticism from Germany and Britain.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.