MercoPress. South Atlantic News Agency

A smaller EU, (without UK), and Brazil negotiating new quotas and export volumes

Brazil and the European Union (EU) have reached a bilateral agreement on agricultural commodity quotas to adapt them to the bloc’s change in size following the Brexit departure of the United Kingdom. Under the new agreement, EU will reduce quotas, but, in return, UK decided to open others proportionately, thus preserving Brazil’s export window for both markets. Read full article