Free trade agreement boosts exports of wine and olive oil
A new free trade agreement with South American partners is set to boost Portuguese exports of wine and olive oil by reducing tariffs and opening distribution channels. The deal also creates new market access for Portuguese cheese, presenting export opportunities for dairy producers. However, the agreement could put pressure on domestic beef, pork and poultry sectors, which may face increased competition and potential job and price impacts. Policymakers and industry groups will need targeted measures to support vulnerable meat producers while maximising gains for high-value agri-food exporters.
Mercosur: Portuguese government speaks of 'great opportunities' but producers urge Brussels to be cautious
The Minister of Agriculture and the Sea emphasises the importance of the agreement for Portugal and says it will bring benefits for products such as wine, olive oil and cheese.
EU–Mercosur agreement removes tariffs on Portuguese olive oil and wine
Portugal is one of the main exporters of olive oil and wine to Mercosur, but farmers expect losses in the meat sector.
Government applauds EU-Mercosur agreement as 'very positive' for Portugal
Portugal's Minister of Agriculture says that, in light of the geopolitical situation, this trade agreement is essential, highlighting 'great opportunities' for products such as wine, olive oil and cheese.
