US EditionEu-Mercosur Trade Deal Gives the Netherlands 0.02 Percent Extra Prosperity
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For the Netherlands, the SEO research institute estimates "a small negative effect" on earned nominal incomes, primarily in agriculture. In that sector, the decline is 0.46 percent.
·Apeldoorn, Netherlands
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The European Commission is seeking to adopt an agreement with MERCOSUR, an organization of Latin American countries. This is expected to result in large-scale food imports from the region. Germany will be the primary beneficiary, gaining a new market for its industrial products, including cars and machinery. Poland, among others, will be the loser. As the Minister of Agriculture has now admitted, there is currently no so-called blocking minority…
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