Mauro Vieira received a visit from the Canadian Minister of Commerce, Manander Sidhu; The discussion rounds have been paralyzed since 2019
Brasilia – The governments of Brazil and the Canadacountries affected by The rate of the President of the United States Donald Trumpannounced on Monday 25, the resumption of negotiations of a free trade agreement between the Mercosur and Canada.
The discussion rounds have been paralyzed since 2021. The launch of negotiations between Mercosur and Canada took place in 2018.
“This is an appropriate and strategic step that responds to the current moment of the international economy and which demonstrates our desire to seek greater integration, competitiveness and opportunities for our production sectors”, said the Minister of Foreign Affairs, Mauro Vieira.
He received the visit of the Canadian International International Commerce Manander Sidhu to Itamaraty. To strengthen bilateral economic exchange, Brazil will send a commercial mission to Toronto, between 10 and 12 September.
The next meeting between the two parts will be held in October, with negotiators of the other blocing and Canada countries, probably in Brasilia. From the point of view of Mercosur, Brazil coordinates the technical negotiations on behalf of the blockade, as it does with the European Union.
Overall, foreign trade technicians and diplomats have already made seven negotiation rounds and have already exchanged offers of goods, services and investments, as well as government purchases.
“This important decision sends a clear sign of our shared commitment to deepen mutually advantageous economic links, creating concrete opportunities for companies, workers and communities in both countries,” said Chancellor.
According to the Brazilian minister, the countries reiterated during an Itamarathy meeting, “the commitment to the international order based on international trade and sustainable international trade and commercial”. He said that the two countries were affected by “restriction measures adopted without technical justification”.
“We reaffirm our unequivocal support to a multilateral commercial system based on the rules and the World Trade Organization has been paid in this effort. We co -keep with the concerns on the increase in growing multilateral commercial restriction measures. Brazil and Canada have been affected by the measures that distorted the legitimate flow of legitimate assets.
“At a time when the rules based on the rules is the” great threat “, we must position ourselves together with partners with similar ideas to actually develop this structure and make sure that it exists to promote more trade,” said Minister Sidhu.
The Canadian also spoke with the Minister of Miniers and Energy, Alexandre Silveira and met the vice -president and the Minister of Development, Industry, Commerce and Services, Gerald Alfmin.
According to Mre, in 2024 the trade flow between the countries was 9.1 billion dollars, with Brazilian exports of 6.3 billion dollars, with an increase of almost 10% compared to 2023.
From January to July of this year, Canada has risen from 9 to 7th among the destinations of Brazilian exports.
Canada has the eleventh maximum foreign investment capital in Brazil, with investments of 28 billion dollars.
“Mercosur will generate more opportunities in Latin and Canada America. As the main canada seller, I am here to ensure that our companies get the best possible activities, promoting mutual prosperity. We are ready to collaborate and advance in ambitious negotiations in this autumn, with the aim of achieving an short agreement,” said Sidhu.
“A Canada-Vercosul agreement would give our exporters access to over 250 million potential consumers and would offer the countries of Mercosur preferential access to Canada, one of the most open and dynamic economies in the world between billions of commercial transactions and unique investments. This generates more opportunities for the Canadians and South Americans, for producers and, of course, for workers.
The Canadian minister also stated that the time has come to increase the level of bilateral partnership with Brazil: “This ambition aims to strengthen the ties with Brazil and the Region, increase our competitiveness and provide real benefits to the Canadians at a time when it is of fundamental importance that countries with similar ideas push and defend stable and reliable trade”.
Source: Terra
Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.
