Mercosur and Canada Accelerated Negotiations to Complete Free Trade Agreement by End of Year
要点
- Mercosur and Canada are targeting the end of 2025 by accelerating free trade agreement negotiations.
- Brazil's Minister of Foreign Affairs Vieira stated that the six rounds of negotiations so far have progressed very well.
- Canada announced that it will invest 89 million dollars in energy infrastructure in Brazil through FinDev Canada.
- In 2025, the trade in goods between Mercosur and Canada reached a total value of 12,6 billion dollars.
数据一览
Mercosur and Canada agreed to accelerate negotiations in order to reach a commercially meaningful free trade agreement. During an official visit by the Canadian Minister of International Trade, a meeting was held in São Paulo with Brazil's Minister of Foreign Affairs Mauro Vieira, who is conducting the talks on behalf of the bloc, where it was aimed to complete the work by the end of this year.
According to Brazilian diplomats, six rounds have been completed and significant progress has been made since the negotiations were recently resumed. Both sides emphasized the importance of jointly evaluating trade and investment opportunities during the uncertain period the world is going through.
In connection with this, Canada announced an 89 million dollar investment to finance two infrastructure projects in Brazil through FinDev Canada. According to data, trade in goods between the two sides reached 12,6 billion dollars in 2025, and Brazil assumed the dominant role in this trade volume.
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常见问题
- What is the current status of the trade agreement between Mercosur and Canada?
- The two sides have accelerated their talks to finalize the free trade agreement as soon as possible, targeting the end of 2025.
- Which country is conducting trade negotiations with Canada on behalf of Mercosur?
- Following the resumption of dialogues, Brazil is representing and managing the negotiations on behalf of the Mercosur bloc.
- What is the purpose of the new investment announced by Canada?
- Canada announced that it will finance 89 million dollars for expanding energy access and sustainable aviation fuel production in Brazil.
其他来源的报道 · 2 · 2 个国家
- Canada provided 125 million dollars in energy financing to Brazil; wildfire and health agreements signedThe Globe and Mail·
- CartaCapital·