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Soy: traders confronted with harsh reality

June 20, 2023 at 10:26 AM , Der AUDITOR
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BRASÍLIA/BRUSSELS. Soy has become highly political again after the French parliament voted against the approval of the EU-Mercosur trade deal last week. Brazil’s President Luiz Inácio Lula da Silva responded swiftly with a statement that clearly highlights the dilemma his registration is in. Local traders are exasperated with fraudsters.

EU-Mercosur deal back on agenda

With votes counting 281 against 58 on 13 June, France’s National Assembly clearly opted against the approval of the EU-Mercosur agreement. More than twenty years in the making between the EU and the Mercosur states Argentina, Brazil and Paraguay and Uruguay the deal sets the ambitious target of increasing bilateral trade and investment, creating more stable and predictable rules and promoting joint values in 31 different countries on two continents.

Although the EU and Mercosur states managed to reach a political agreeme

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