Report Summary
This regulation establishes a bilateral safeguard clause for agricultural products under the EU-MERCOSUR agreement. Its aim is to protect sensitive agricultural sectors from market disruptions caused by increased imports from Mercosur countries. The Commission is required to continuously monitor imports of sensitive products and submit quarterly reports. Thresholds for triggering safeguard measures have been lowered to enable faster responses to price pressures or volume increases. Politically, this seeks to strengthen confidence in the trade agreement and ensure fair competition.
Hannah NEUMANN