Brazil's Vice President, Alckmin, announced that Mercosur is in negotiations to finalize trade agreements with Canada and the United Arab Emirates. The South American economic bloc is also in talks with Japan to establish new trade partnerships.
The negotiations follow the completion of the free trade agreement between Mercosur and the European Union, an agreement considered a landmark in the bloc's trade relations. This move to expand partnerships is described as crucial in the current context of global geopolitical tensions.
Alckmin highlighted that the pursuit of new trade agreements is a strategy to strengthen Mercosur's position in the international arena, diversifying markets and reducing dependencies during a period of uncertainties in global trade relations.
