The European Union and the Mercosur bloc agreed to form a 700-million-customer free-trade area, the world’s biggest, last year.
The European Commission promised “robust” safeguard measures in a bid to get France’s green light, since Paris is the deal’s biggest critic over agricultural concerns.
The measures include “enhanced monitoring” of sensitive products including beef, poultry, rice, honey, eggs, garlic and sugar.
It would kickstart a probe if the price of Mercosur imports is at least 10% lower than an identical EU product.
Any investigation would be completed within four months.
The commission also said it would launch an investigation if requested by an EU state “where there are sufficient grounds”.
“The commission will be ready to act swiftly and decisively in case of need to protect the interests of our agri-food sector,“ EU agriculture commissioner Christophe Hansen said in a statement. – AFP
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