Mercosur-EU agreement sees 1 billion liters of additional ethanol quota confirmed

In Argentina, the Clarin newspaper reports that the trade deal agreed between the four Mercosur countries and the European Union last week maintains the 1 billion liters of additional ethanol market access discussed in earlier offers, specifically 450,000 metric tons of duty-free ethanol from chemical use beginning as soon as the deal comes into effect and another 200,000 tons for any use, including fuel, that will come in over five years. All of the parliaments in all of the countries first have to ratify the deal before comes into effect.