SustainableTrade

Austria Rethinks Its Stance on Mercosur Trade Deal Amid Trump Tariffs

2 months ago

In a surprising turn of events, Austria has shifted its position regarding the Mercosur trade agreement, commonly known as the Southern Common Market, following the introduction of tariffs by the Trump administration. This shift is particularly notable given Austria's previous strong criticism of the deal, which aims to enhance trade between the European Union and a bloc of South American countries including Brazil, Argentina, Paraguay, and Uruguay.

64 NGOs Urge EU to Withdraw from Controversial Mineral Pact with Rwanda Amidst Congo War Fallout

4 months ago

In a significant move, a coalition of 64 non-governmental organizations (NGOs) has called on the European Union (EU) to cancel its mineral trade agreement with Rwanda. This plea arises from escalating tensions connected to the ongoing conflict in the Democratic Republic of the Congo (DRC), which has intensified concerns about human rights violations and resource exploitation in the region.

EU Concludes Agreement to Postpone Controversial Deforestation Legislation

6 months ago

In a significant development, the European Union has reached a formal agreement to delay the implementation of its contentious deforestation regulation by one year. This decision, announced on December 3, 2024, comes as member states negotiated the finer points of the law, aimed at combatting global deforestation linked to European imports. The legislation, originally set to be enforced in early 2025, will now take effect in 2026.