Italy’s Wood Supply Chain Urges Swift Trade Deal With South American Trade Bloc
Milano – Now the EU and the USA trade The agreement fixed the tariffs in EU exports to 15 percent, and the focus returned to South America.
For example, according to the European Commission, the Brazilian market is highly protected by the average customs implemented customs.
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On Tuesday, the Federation of the Italian Wood Processing and Furniture Industries, representing most of the luxury of Europe, Federlegnoarredo furniture-Makers said that President Claudio Feltrin met with Italy’s Deputy Prime Minister and Foreign Minister Antonio Tajani.
“The government insists on concluding the European Commission’s Mercosur agreement as soon as possible. This will start with Brazil and remove existing tariffs for a very interesting area for our exports.” He said. Brazil was strongly represented in Salone del Mobile in April. “They clearly appreciate our design products and [the nation] It offers a great potential for growth and development for wooden furniture businesses. ”.
The EU encourages Brazil to reduce tariff and non -tariff barriers and promote a stable and more open regulatory environment for European investors and traders.
Brazil, Argentina, Paraguay, Uruguay and Bolivia, the South American Trade Blog 27 National European Union and Mercosur have been discussing a trade agreement since 1999. Finally, in 2019, a draft agreement was announced, but it was not supported by large EU countries such as France. The European Commission said that the agreement would save EU companies an export task of 4 billion euros annually.
The European Commission reached an agreement with the South American countries in December 2024, but delayed its sending while waiting to be approved by the member states and the European Parliament. The aim of the EU Mercosur Trade Agreement is to increase bilateral trade and investment, and lower tariffs and non -tariff trade barriers, especially for small and medium -sized companies. In addition, intellectual property rights, for example, will create more stable and predictable rules for trade and investment through better and stronger rules in the field of competition and good regulatory practices.
