ISDS Case Map
Brazil
Brazilian President Luiz Inacio Lula da Silva called for the South American trade bloc Mercosur to urgently seal a free trade agreement with the European Union before negotiating with China.
Free-trade agreement between Uruguay and China would destroy Mercosur by contradicting the bloc's integration policies, declares Brazilian Foreign Minister Mauro Vieira.
Prime minister Sheikh Hasina emphasised signing preferential trade agreement or free trade agreement with Mercosur countries soon, as Bangladesh will graduate into a developing country in 2026.
China says it is ready to negotiate a free trade agreement with Mercosur or separately with any partner of the bloc.
Lula warned that he wants to “resume relations with the European Union on a new basis.” And that he was not interested in trade agreements that condemn Brazil to be an eternal supplier of commodities.
After Bolsonaro, the European Commission, as well as some governments and industries in Europe will see an opportunity to push through the EU-Mercosur trade deal. But the agreement would be the exact opposite of what the Amazon needs.
The much-criticised free trade agreement between the EU and the four Latin American countries in Mercosur is currently at a standstill but could be revived.
Brazilian presidential candidate said he should reach an agreement on a trade deal between South America's Mercosur trade bloc and the European Union within six months, if he wins October's presidential election.
Brazilian presidential election frontrunner Luiz Inacio Lula da Silva favors reopening talks on a stalled European Union trade deal with South American trade bloc Mercosur to add provisions on environmental protection, human rights and technology.
Brazil wants to expand trade and investment with Arab countries, said a government official, amid ongoing talks for commercial agreements with Saudi Arabia, Lebanon and the United Arab Emirates.
