Reposted by Audrey Changoe
🚨EU–Mercosur deal is set to enter provisional application on 1 May.
💡NEW independent economic assessment, done by former UNCTAD economists, challenges the economic case behind the deal.
➡️Conclusion is clear: with real-world economic dynamics, projected GDP gains disappear & may even turn negative.
caneurope.org
New Economic Study on the EU-Mercosur Trade Agreement: Growth Narrative Debunked, Inequalities Uncovered - CAN Europe
A new economic study of the EU-Mercosur agreement shows that once more realistic economic dynamics are considered, projected economics gains become negligible and may even disappear entirely.