US EditionSouth American Bloc Mercosur and Canada to Resume Talks for Free-Trade Agreement
Canada and Mercosur plan to restart free trade talks to boost $9.1 billion bilateral trade and diversify markets amid tariff challenges from U.S. policies, officials said.
- Canada and Mercosur will resume negotiations for a free-trade agreement, as announced by authorities from Brasilia and Ottawa after their meeting in Brazil's capital.
- Negotiations have been stalled since 2021 due to local issues in South America and U.S. tariffs imposed by President Donald Trump.
- Brazil's Foreign Minister Mauro Vieira stated that the upcoming meeting in October is important for the progress of the talks.
- The goal is to increase bilateral trade, as Canada and Brazil seek ways to mitigate the tariff challenges posed by Trump’s policies.
19 Articles
19 Articles
Canada and South American Bloc Mercosur to Resume Trade Talks
Ottawa and Brasilia have announced that trade negotiations for Canada to join the South American trading bloc Mercosur will resume shortly, amid both capitals seeking to diversify away from the United States. The announcement about the resumption of trade talks was made in a joint Brazil-Canada statement issued by the Brazilian Ministry of Foreign Relations on Aug. 25. The Mercosur is a customs union and trade bloc comprising the countries of Br…
Brazil and Canada to resume talks for FTA with Mercosur
Brazilian authorities, exercising the pro tempore presidency of the Southern Common Market (Mercosur), and representatives from Canada are to resume talks about a Free Trade Agreement (FTA) that was initiated in 2018 but suspended during the Covid-19 pandemic.
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