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Canada and South American Nations Near Free-Trade Agreement with April Talks

Canada aims to reduce U.S. trade reliance by advancing talks with Mercosur, targeting a deal in 2026 that could boost market access for South American exports.

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Canada and South America’s Mercosur bloc are advancing towards a free-trade agreement that could be signed by the end of the year, with more negotiations scheduled for next month in Brasilia, according to three sources familiar with the talks.

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Canada's International Trade Minister Maninder Sidhu said Friday, March 27, that he hopes to conclude a free trade agreement with the South American bloc of Mercosur countries by the fall.

Canada and the South American Mercosur bloc are approaching a free trade agreement that could be signed by the end of the year; another round of negotiations is planned, according to three sources familiar with the talks, in Brasília next month. Government representatives from Canada, Argentina and Brazil informed Reuters that they expect the agreement to be concluded in 2026; one of [...] The post Mercosur and Canada are on the verge of a free …

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The Straits Times broke the news in Singapore on Friday, March 27, 2026.
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