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EU–Mercosur trade deal to be implemented, but only provisionally | Midday Report

Main topics covered today:

EU–MERCOSUR TRADE DEAL
The European Commission will implement the EU–Mercosur trade agreement, however only provisionally, Commission President Ursula von der Leyen has announced. Under EU treaties, the agreement can only be fully concluded once it receives the consent of the European Parliament.

IMF LOAN FOR UKRAINE
The International Monetary Fund has approved an $8.1B four-year loan for Ukraine, with $1.5 billion to be disbursed immediately.

HUNGARY AND SLOVAKIA TO INVESTIGATE DRUZHBA OIL PIPELINE
Hungary and Slovakia have agreed to set up an investigative committee into the Druzhba oil pipeline. They claim – without providing evidence – that Ukraine is blocking supplies of cheap Russian oil to their countries.

Host: Sally Jastrzębska

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#Trade #EU #Mercosur

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