In July 2019, following the political conclusion of the EU-Mercosur Free Trade Agreement (FTA), former Commissioner Hogan, the then Commissioner for Agriculture and Rural Development, announced at the Agriculture Council an update of the 2016 Cumulative impact study, covering the economic aspects of agricultural tariff reduction. This was reiterated by Agriculture Commissioner Wojciechowski at his confirmation hearings.
The European Commission’s Join Research Centre has analysed the cumulative effects of 12 free trade agreements (FTAs) on the agri-food sector by 2030. The study includes trade results for the agricultural sector as a whole and sector-specific impacts on trade, producer prices and production volumes.
Know more
European Commission press release (23 EU languages): https://ec.europa.eu/commission/presscorner/detail/en/ip_21_183
Question and answers (23 EU languages): https://ec.europa.eu/commission/presscorner/detail/en/qanda_21_184
EU science hub page: https://ec.europa.eu/jrc/en/news/study-finds-positive-impact-trade-agreements-agri-food-sectors
The study is presented to the Agriculture Council on 25th January 2021, and publicly, on press conference, on 26th January 2021
Title: Cumulative economic impact of trade agreements on EU agriculture – 2021 update
Report: https://doi.org/10.2760/501873
Web infographics: https://datam.jrc.ec.europa.eu/datam/mashup/FTA_2021
Authors: Ferrari, E; Chatzopoulos, T; Pérez-Domínguez, I; Boulanger, P; Boysen-Urban, K; Himics, M; M'barek, R
Journal: Publications Office of the European Union
Abstract: This report presents potential effects of twelve free trade agreements (FTAs) under the current EU FTA agenda. It sheds some light on the cumulated impacts in terms of trade, production and price for the EU agricultural sector as a whole, while quantifying also the market development for specific agricultural sectors. Different from a forecast exercise, it compares a conservative and an ambitious FTA scenario with a business as usual (reference) scenario. The study confirms the opportunities offered by the FTAs as well as the the need for a cautious approach in more sensitive sectors, i.e. beef, sheep and poultry meats, sugar, rice.
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Recording of the press conference - 26 January 2021 - 12:00 (CET)
Source: https://audiovisual.ec.europa.eu/en/video/I-201469
Recording of the Committee on Agriculture and Rural Development - 26 January 2021, 09:00 - 12:00 (CET)
Link: https://multimedia.europarl.europa.eu/en/event_20210126-0900-COMMITTEE-AGRI_vd?start=20210126080249&end=20210126105553
