South American trade block Mercosur reached a free trade agreement with four European countries, Argentine officials and Brazil's President Jair Bolsonaro said after talks in Buenos Aires.
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.
The first round of formal trade negotiations between Mercosur and EFTA, European Free Trade Association, is scheduled to take place in Buenos Aires next June according to information from Brussels where there was a preliminary encounter between the two sides. It will be in June, and talks will be at chief negotiators level, confirmed EFTA and Mercosur sources.
Mercosur officially begins this Friday trade negotiations with the European Free Trade Association, EFTA, which brings together those countries that do not belong to the European Union, EU, that is Switzerland, Norway, Iceland and Liechtenstein, and that in a couple of years could see the UK, negotiating Brexit, joining.