EU Mercosur trade pact approval raises concerns for Greek rice growers facing price collapse

Greek rice producers face new competition as the EU-Mercosur pact allows duty-free imports. Local growers already struggle with severe price declines.

洞察:
European Union EUEUmember states approved the EU-Mercosur trade agreement last week, paving the way for the landmark deal to be signed this Saturday, January 18, 2026. The pact between Europe and the Mercosur economies of Brazil BRBR, Argentina ARAR, Paraguay PYPY, and Uruguay UYUYincludes provisions to import 60,000 tons of duty-free rice over the next five years. While the European Commission describes these imports as a small fraction of total annual consumption, the announcement has intensified economic anxieties for agricultural producers in Greece GRGRwho are already struggling with a saturated market.
A drone image shows a combine harvester unloading freshly harvested rice into a truck in Chalastra, Greece, October 24, 2025. REUTERS/Alexandros Avramidis
A drone image shows a combine harvester unloading freshly harvested rice into a truck in Chalastra, Greece, October 24, 2025. REUTERS/Alexandros Avramidis
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