Negotiators of a free trade deal between the European Union and Mercosur want to wrap up by September, but differences over beef, sugar and the auto industry could dash those hopes, Brazilian foreign minister Aloysio Nunes said. Issues over intellectual property, rules of origin and marine shipping services also need to be nailed down, Nunes said in an interview.
Mercosur trade bloc looks to begin economic and trade talks with Japan as soon as November, Brazil's foreign minister said, calling trade with Asia essential to regional economic health as the U.S. embraces protectionism.
Brazil on Wednesday lashed out at a demand by former European leaders for disgraced ex-president Lula da Silva to be allowed to take part in elections this year. A group of former EU left leaning leaders, including French ex-president Francois Holland and Spanish former prime minister Jose Luis Rodriguez Zapatero, called Lula's imprisonment for corruption hurried and said he should be free to present himself before Brazilian voters.
The European Union and South American trade bloc Mercosur should intensify talks to reach a trade agreement this year, Spanish Prime Minister Mariano Rajoy said on Tuesday, urging haste after 18 years of negotiations.
Mercosur expects to sign a framework accord this year for a trade deal with the European Union as the U.S. shift to isolationism under President Donald Trump encourages it to look outside the hemisphere for opportunities, Brazil's foreign minister Aloysio Nunes said on Tuesday.
Petrobras corruption investigation keeps gobbling Brazilian president Dilma Rousseff former cabinet members, but also political figures from other leading political parties. On Wednesday the Supreme Court authorized formal investigations into Rousseff’s former chief-of-staff, as well as the mayor of the country’s largest city and an opposition senator, for potential corruption.
The Brazilian Senate has approved an affirmative action bill that reserves half the spots in federal universities for high school graduates of public schools, and distributes them according to the racial makeup of each state.