Brazil Says Venezuela to Adopt Some Mercosur Tariffs

Venezuela’s government agreed to immediately adopt Mercosur tariffs on 28 percent of goods covered by the trade bloc’s trade regime and plans to cover all products by 2016, Brazil’s Foreign Ministry said.

Venezuelan government officials made their presentation today in Brazil as a meeting of Mercosur nations met, Tovar Nunes, a spokesman for Brazil’s Foreign Ministry, said..

To contact the reporter on this story: Mario Sergio Lima in Brasilia Newsroom at mlima11@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net