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Macron says the Mercosur-EU deal is “terrible” and proposes to rebuild it by focusing on climate

According to the French president, the negotiations took place “20 years ago” and they need to be adapted to the contemporary world; at the same event, Haddad defended the agreement’s approval

The president of France, Emmanuel Macrondeclared on Wednesday 27th that the agreement between Mercosur and the European Union, at present it cannot be defended. “It’s a bad deal because it was negotiated 20 years ago,” he said during the Brazil-France Economic Forum in Sao Paulo.

The French president argued that it is possible, however, to rebuild it, thinking about the contemporary world, above all by worrying it biodiversity and the climate. The current project, he underlined, does not respond to these needs.

He believes that Brazil is a country where carbon production is low and that the Lula government is engaged in the fight against registrationand argued that, together with France, Brazil can be a power to reconstruct the agreements.

Previously, in the same event, the Minister of Finance, Fernando Haddad, defended the agreement’s approval. Haddad compared signing to the process of tax reform. “If it was possible to pass the reform after 40 years, why not pass an agreement after 20?”, he asked.

The minister said an opportunity was missed at the end of last year, but argued that Lula is investing heavily in approving the pact and that the goal is to achieve the balance of a win-win deal regions. “After all, we have the same values ​​and principles that guide us, or should guide our politics and our economy.”

Industry representatives also came to defend the deal. The president of Federation of Industries of the State of São Paulo (Fiesp)Josué Gomes, said that this would be very beneficial for both regions, “especially for France”.

French investments in Brazil

Macron also said that French companies are right to invest so much in Brazil and to believe in Brazil’s development potential. According to him, Brazil can evolve a lot in issues related to the green economy, with investments and the development of its “rich and vast” renewable energy sector.

According to him, his visit to Brazil demonstrated the potential for cooperation between the two countries, and he apologized for delaying his participation in the forum because he spent “more time than expected with President Lula” this Wednesday morning in Rio . of January.

“We have the possibility of growth in several sectors, with enormous potential for economic cooperation,” he said, highlighting progress in the defense sector and citing French investments in Embraer, and also mentioning the desire to advance the development of helicopters and submarines.

On the other hand, Macron argued that “Brazilian companies should believe more in France and Europe”, just as the French believe in Brazilians. According to him, the Brazilian market invests very little in France, which is “the entrance to the European market”.

Green economy

Macron said France and Brazil share a common goal on climate change issues. According to him, both countries are at the forefront of decarbonization and the development of renewable energy.

He stressed that the global economy is advancing into sectors that will use much more energy, such as artificial intelligence and aerospace development, and that Brazil has much to grow by offering clean energy to these sectors.

“Biodiversity, the climate and the fight against inequalities are not parallel issues, which must be at the center of the debate. This is the real reform of global governance”, he underlined in the closing speech of the forum, also underlining that the fight for a The green economy is not won, or even close, and the world must continue to move forward./Marianna Gualter, Francisco Carlos de Assis, Gabriel Tassi Lara and Letícia Naome

Source: Terra

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