France's Macron says EU-Mercosur proposal is 'very bad deal' on visit to Brazil


French President Emmanuel Macron speaks during the Brazil-France Economic Forum at the Federation of Industries of the State of Sao Paulo (FIESP) in Sao Paulo, Brazil March 27, 2024. REUTERS/Amanda Perobelli

(Reuters) -French President Emmanuel Macron said on Wednesday during his visit to Brazil that a potential agreement between the European Union and the South American Mercosur trade bloc as it stands is a "very bad deal" and more climate commitments are needed.

"As it is negotiated today, it is a very bad deal, for you and for us," Macron told businessmen in Sao Paulo while on a three-day trip to Latin America's largest economy, amid troubled talks over a free trade deal between the two economic blocs.

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