Reported 1 day ago
Brazil's Finance Minister Fernando Haddad emphasized the importance of the Mercosur trade agreement with the EU as a political rather than solely an economic opportunity. Speaking in Paris, he noted that while the deal may not offer significant economic benefits for Mercosur, it serves a vital political function in promoting multilateralism amid current global uncertainties. The agreement, which awaits approval and faces opposition from some EU member states, may reduce tariffs significantly.
Source: YAHOO