By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • World
  • Business
  • Technology
  • Sports
  • Lifestyle
Search
Countries
More Topics
  • Health
  • Entertainment
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Šefčovič promises that EU-Mercosur trade deal could be ‘fair’
Share
Notification Show More
Latest News
India’s Delivery Workers Were Promised a Ladder, but Many Still Feel Stuck on a Treadmill
Business
More Learners Turning to Online Practice Tests Before Taking the DMV Written Exam
Business
Professional Architectural Rendering of Shopping Malls in Riyadh
Business
Sara Hassan | Marketing Manager & Project Management Leader (Strategic Growth | Operational Excellence | UAE Market Expert)
Business
WorldLink Launches Next-Generation Digital Corridor Connecting Europe, the Middle East, and Asia
Business
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
Search
  • Home
  • Gulf
  • Business
  • More News
    • World
    • Technology
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > World > Šefčovič promises that EU-Mercosur trade deal could be ‘fair’
World

Šefčovič promises that EU-Mercosur trade deal could be ‘fair’

News Room
Last updated: 2024/11/04 at 7:19 PM
News Room
Share
4 Min Read
SHARE

The EU-Mercosur free trade deal, a source of contention, was defended by Slovakia’s Commissioner-designate in a confirmation hearing. Maroš Šefčovič stated that the deal could be concluded fairly, satisfying opponents demanding insurances for farmers and transparency. Negotiations with Mercosur countries (Argentina, Brazil, Paraguay, and Uruguay) have been ongoing for nearly two decades with the aim of creating a free trade area covering 780 million people. Šefčovič emphasized the need for a fair deal that addresses environmental concerns and farmers’ demands, while also acknowledging the resistance from Mercosur countries on environmental standards. He assured transparency in the negotiation process and pledged to provide necessary data once the negotiations are completed.

Šefčovič addressed the challenges posed by China, highlighting the Commission’s investigation into Chinese electric vehicles that are being subsidized to undercut European prices. The EU imposed tariffs on Chinese EV imports, prompting threats of retaliation from China. Šefčovič emphasized the importance of enforcing regulations against unfair trade practices and subsidies that harm European jobs. He described China as a complex trading partner with overcapacity, dumping, and protectionist restrictions, urging effective enforcement of trade duties. Šefčovič also criticized the circumvention of EU sanctions on Russia, mentioning China’s role in propping up Russia’s war economy and committing to deepen trade cooperation with Taiwan.

Glenn Micallef, the Maltese Commissioner-designate for Culture, Sport, and Intergenerational Fairness, faced scrutiny over his lack of executive experience in a confirmation hearing. Despite doubts, Micallef emphasized the importance of including young people in policymaking to ensure their interests are represented. He discussed various issues with the Parliament’s Culture Committee, including cyberbullying, the protection of European artists, and ensuring EU funding has a real impact on culture, sport, and youth programs. Micallef highlighted the potential of the cultural and creative sector for the economy and pledged to focus on competitiveness, cultural heritage preservation, and promoting culture in all policy areas.

The confirmation hearings shed light on the challenges and priorities facing the new European Commissioners. Šefčovič’s defense of the EU-Mercosur trade deal highlighted the need for fair agreements that address environmental concerns while protecting European farmers’ interests. His stance on China underlines the EU’s commitment to enforcing trade regulations against unfair practices and subsidies. In contrast, Micallef’s discussions on culture, sport, and youth programs underscore the importance of including young voices in policymaking and ensuring EU funding has a tangible impact. The hearings reflect the diverse range of issues and responsibilities that Commissioners must navigate in their roles.

Overall, the confirmation hearings underscore the complexity of international trade agreements and the importance of balancing economic interests with environmental and social considerations. The challenges posed by China and Russia require a robust response to safeguard European interests, while opportunities for cooperation with countries like Taiwan highlight the potential for strengthening ties in key strategic sectors. The focus on cultural preservation and youth engagement demonstrates the EU’s commitment to promoting inclusivity and diversity in its policies. As the Commissioners prepare to take on their new roles, these hearings serve as a reminder of the need for transparency, accountability, and responsiveness to the concerns of European citizens.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room November 4, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Winners of the “International Black and White Photography Biennale” celebrated
Next Article Olmo’s brace helps Barcelona, league leaders, secure derby win against Espanyol
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

India’s Delivery Workers Were Promised a Ladder, but Many Still Feel Stuck on a Treadmill
Business February 19, 2026
More Learners Turning to Online Practice Tests Before Taking the DMV Written Exam
Business February 19, 2026
Professional Architectural Rendering of Shopping Malls in Riyadh
Business February 18, 2026
Sara Hassan | Marketing Manager & Project Management Leader (Strategic Growth | Operational Excellence | UAE Market Expert)
Business February 18, 2026

You Might also Like

World

Video. Fans with fireworks celebrate Super Bowl in Seattle streets

February 9, 2026
World

Suspect in shooting of Russian general arrested in Dubai, says Moscow

February 8, 2026
World

Milan protesters rally against ‘unsustainable’ Winter Olympics

February 8, 2026
World

Watch the video: Who might have already won at Winter Olympics?

February 6, 2026
World

Von der Leyen to travel to Australia to seal trade deal

February 4, 2026
World

Petrol or electric? Which type of car do Europeans prefer? 

February 2, 2026
World

How AI character Amelia spread across Europe

February 2, 2026
World

Watch the video: European space industry – boom or bust?

January 30, 2026
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?