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Brazil wants EU-Mercosur trade deal this year

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Author: Katarina Demon

LISBON (Reuters) – Brazil hopes to reach a Mercosur trade deal with the European Union (EU), a government official said on Sunday, ending years of delays this year and opening the way for increased trade between the two regions. the way.

The Mercosur bloc formed by the European Union and Argentina, Brazil, Paraguay and Uruguay in

Negotiation completed 25 Amazon) Deforestation and Brazil’s commitment to climate change action.

Brazilian President Luiz Inácio Lula da Silva has pledged to overhaul his country’s climate policy.

While Germany pressed for a quick conclusion, France said it was waiting for Brazil to make progress.

Speaking in Lisbon, Brazil’s Senior Secretary of Development and Industry Marcio Elias Rosa said negotiations with the EU are ongoing and countries are Discuss the “socio-environmental requirements” imposed by the EU.

“The signs are very positive,” says Elias Rosa. “Lack of details, but I’m confident we’ll get the deal done and the agreement will be good.”

Elias Rosa said that all Mercosur countries are Working towards an agreement for the same purpose, but they need to agree on some requirements.

“Brazil already complies with socio-environmental requirements related to labor legislation,” says Elias Rosa. “It is necessary for others to agree, but we are very Close to this.

“I would say we will close (the deal) this year. “

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