EU-Mercosur Trade Deal Faces Legal Challenge

Over one hundred European lawmakers are challenging the EU-Mercosur trade deal, proposing a motion to the European Court of Justice for alignment with European treaties. This move could delay the deal, aiming to create one of the worlds largest free-trade areas. Lawmakers, representing various political groups, are concerned about a rebalancing mechanism and the legal basis for splitting the deal into trade and partnership sections. They also seek the courts opinion on the deals compatibility with the EUs precautionary principle.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.