Mercosur eyes trade deals with Panama, UAE after EU pact

Mercosur eyes trade deals with Panama, UAE after EU pact

South America’s Mercosur bloc is eyeing trade deals with Panama and the United Arab Emirates after striking a long-awaited agreement with the European Union, Brazilian President Luiz Inacio Lula da Silva said on Friday.

“Today we have also set up the basis for a future commercial liberalization with Panama, and with the United Arab Emirates talks are advancing quickly and should be concluded in 2025,” Lula told a Mercosur summit in Montevideo.

The South American bloc includes Brazil, Argentina, Uruguay and Paraguay.

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Publish date : 2024-12-06 01:44:00

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