The Lisboeta

Brussels makes more funds available for agriculture and rural development

Wednesday, 7 January 2026RSS
Brussels makes more funds available for agriculture and rural development

More money for agriculture and additional earmarked funds for rural development. These are some of the decisions coming out of this afternoon's meeting of Agriculture Ministers in Brussels. José Manuela Fernandes considers them important steps to avoid cuts to the Common Agricultural Policy and that they could help unblock the signing of the agreement with Mercosur.

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Context & Explainers

What is Mercosur?

Mercosur is the South American trade bloc (Southern Common Market) whose main founding members are Argentina, Brazil, Paraguay and Uruguay. An EU–Mercosur trade agreement — which the story says may be approved and signed soon — would reduce tariffs and open markets on both sides, affecting agricultural and industrial trade flows and therefore prices and business opportunities relevant to residents and companies in Portugal.