Economics
EU, Mercosur to Close Deal Defying Global Trade War, Brazil Says
- Foreign trade secretary Lucas Ferraz speaks in interview
- Accord in principle may be reached as soon as next week
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The European Union and the South American trade bloc Mercosur will likely close a trade agreement in coming weeks or months, Brazil’s Foreign Trade Secretary Lucas Ferraz said in an interview.
"We’ve never been so close," Ferraz told Bloomberg News. "We’ve advanced more in four months than in 20 years," he said.