Macron Pulls Support for Mercosur Trade Deal After Amazon Fight

Aug. 23, 2019, 12:48 PM

Outraged over the Amazon fires, Emmanuel Macron threatened to block the European Union’s trade deal with the Mercosur countries over Brazil’s environmental violations as he prepares to whip the Group of Seven leaders into climate action.

The French president’s office said in a statement that it has become clear that Brazilian President Jair Bolsonaro lied to world leaders about his commitments to tackling climate change at the Group of 20 summit in Osaka earlier this year. Under those conditions, he can’t support ratification of the trade deal agreed in June.

Macron is hosting the G-7 in Biarritz, France and on ...

To read the full article log in.

Learn more about a Bloomberg Law subscription