AIRLINK 74.82 Increased By ▲ 0.53 (0.71%)
BOP 4.94 Decreased By ▼ -0.01 (-0.2%)
CNERGY 4.39 Increased By ▲ 0.02 (0.46%)
DFML 38.96 Increased By ▲ 0.16 (0.41%)
DGKC 85.50 Increased By ▲ 0.68 (0.8%)
FCCL 21.22 Increased By ▲ 0.01 (0.05%)
FFBL 34.16 Increased By ▲ 0.04 (0.12%)
FFL 9.70 No Change ▼ 0.00 (0%)
GGL 10.41 Decreased By ▼ -0.01 (-0.1%)
HBL 113.50 Increased By ▲ 0.50 (0.44%)
HUBC 136.81 Increased By ▲ 0.61 (0.45%)
HUMNL 11.89 Decreased By ▼ -0.01 (-0.08%)
KEL 4.77 Increased By ▲ 0.06 (1.27%)
KOSM 4.45 Increased By ▲ 0.01 (0.23%)
MLCF 37.80 Increased By ▲ 0.15 (0.4%)
OGDC 138.20 Increased By ▲ 2.00 (1.47%)
PAEL 25.33 Increased By ▲ 0.23 (0.92%)
PIAA 20.55 Increased By ▲ 1.31 (6.81%)
PIBTL 6.63 Decreased By ▼ -0.08 (-1.19%)
PPL 122.25 Increased By ▲ 0.15 (0.12%)
PRL 26.72 Increased By ▲ 0.07 (0.26%)
PTC 13.94 Increased By ▲ 0.01 (0.07%)
SEARL 58.00 Increased By ▲ 0.78 (1.36%)
SNGP 67.17 Decreased By ▼ -0.43 (-0.64%)
SSGC 10.32 Increased By ▲ 0.07 (0.68%)
TELE 8.41 Increased By ▲ 0.01 (0.12%)
TPLP 11.16 Increased By ▲ 0.03 (0.27%)
TRG 63.26 Increased By ▲ 0.45 (0.72%)
UNITY 26.60 Increased By ▲ 0.10 (0.38%)
WTL 1.49 Increased By ▲ 0.14 (10.37%)
BR100 7,836 Increased By 25.8 (0.33%)
BR30 25,316 Increased By 166 (0.66%)
KSE100 75,100 Increased By 143 (0.19%)
KSE30 24,142 Increased By 58.6 (0.24%)

The European Commission dismissed critics of its ambitious trade deal with South America on Monday, insisting that strict EU norms on food standards would be respected. After two decades of talks, last month the EU announced a preliminary trade agreement with Mercosur countries - Argentina, Brazil, Paraguay and Uruguay - one of the biggest such pacts ever negotiated.
But the accord has raised alarm in key European countries that the continent will be flooded with beef and other agricultural imports, subjecting domestic farmers to unfair competition and consumers to unsafe food. Phil Hogan, the EU's Agriculture Commissioner, said "there's a lot of misinformation and misplaced facts in relation to the content of the deal" that had corrupted the debate.
European negotiators have "ensured that we'll have no product arrive in the EU from Mercosur countries without complying with existing EU food safety standards," he added as he arrived for talks with EU ministers.

Copyright Agence France-Presse, 2019

Comments

Comments are closed.