EU seeks to reassure farmers over Mercosur deal

European Commission to set up a reserve fund worth €1bn to ensure 'no negative repercussions for farmers and rural areas'
EU seeks to reassure farmers over Mercosur deal

Farmers from the Coordination Rurale union campaigning against Mercosur outside the European Parliament in Strasbourg in December. Picture: Tobias Canales / Hans Lucas / AFP via Getty Images

New sales tactics have been adopted by the European Commission, as it bids to overcome European farmer opposition to the EU-Mercosur Partnership Agreement.

Newly appointed Commissioner for Trade and Economic Security Maroš Šefčovič said: "In the unlikely event that the agricultural sector in Europe is negatively impacted, following the implementation of the agreement, we intend to set up a reserve worth at least €1bn.

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