Overview
- MEPs approved the safeguard regulation by 483 votes to 102, with 67 abstentions, creating a mechanism to reimpose tariffs to shield EU farmers from import surges.
- The rules focus on products such as beef, poultry, eggs, honey, rice, sugar, ethanol, garlic and citrus, which will face intensified monitoring.
- Action is triggered if, over a three‑year average, import prices fall by at least 8% or volumes rise by at least 8%, after which the European Commission has three months to decide on suspending tariff preferences.
- Council approval is still required for the regulation, which would apply once the trade agreement enters provisional or full effect.
- The Mercosur pact remains unratified as Parliament seeks a European Court of Justice review, and provisional application could begin once at least one Mercosur country ratifies, a step the Commission has not yet activated.