A trade deal between the European Union and South America’s Mercosur bloc of countries could facilitate other agreements and open up new markets for Brazil’s massive beef-packing industry, a trade group said.
A historic trade deal between the European Union and Mercosur last week is lifting expectations for Europe’s next mission to evaluate Brazilian chicken plants, an industry group said on Friday.
Brazil’s Foreign Minister Ernesto Araujo said on Wednesday that he expects two new trade deals to be signed between the trade bloc Mercosur and other regions in the second half of 2019, hailing a new era of openness in Brazil.
Argentina’s energy secretary says improper reprogramming of the electricity system following the installation of a bypass on a major transmission line caused the power outage that left tens of millions of people in three nations without power.
Brazil's Foreign Trade Secretary Marcos Troyjo says that Jair Bolsonaro's government was decisive in pulling off the free trade agreement between Mercosur and the European Union.
Fisheries exports from Mercosur member countries which now face tariffs ranging from 8% to 15% in the European Union will see them gradually disappear during a seven-year period, according to the terms of the wide-ranging strategic trade and cooperation agreement signed this week between the two blocks.
Brazilian President Jair Bolsonaro said on Sunday that it could take up to three years for the free-trade deal agreed by the European Union and Mercosur to come into force, as it depends on approvals by lawmakers of all countries involved.
“Now I only have to recover the Malvinas Islands” said Argentine foreign minister Jorge Faurie, following the trade and association agreement reached on Friday in Brussels between Mercosur and the European Union.
The European Union and Mercosur reached on Friday a political agreement for an ambitious, balanced and comprehensive trade agreement. The EU is the first major partner to strike a trade pact with Mercosur, a bloc comprising Argentina, Brazil Paraguay and Uruguay.
President Jair Bolsonaro said on Thursday Germany has “a lot to learn” from Brazil when it comes to the environment, hitting back at criticism over deforestation in the Amazon. Bolsonaro made the remarks in Japan on the eve of the G20 summit, where German Chancellor Angela Merkel said Wednesday she would seek “straight talk” with the Brazilian leader over destruction of the rainforest.