Brazil's Lula says he expects Mercosur-EU deal to be signed this year
Published by Global Banking and Finance Review
Posted on September 5, 2025
1 min readLast updated: January 22, 2026
Published by Global Banking and Finance Review
Posted on September 5, 2025
1 min readLast updated: January 22, 2026
Brazil's President Lula anticipates signing the Mercosur-EU trade deal this year, highlighting its strategic importance amid global trade challenges.
SAO PAULO (Reuters) -Brazil's President Luiz Inacio Lula da Silva spoke with European Commission chief Ursula von der Leyen on Friday, a Brazilian government statement said.
Lula told von der Leyen he expects a trade deal between the Mercosur and European Union trade blocs to be signed this year, while both leaders agreed the deal is "even more strategic" amid current turbulence in international trade, the statement said.
(Reporting by Fernando Cardoso)
Lula spoke with European Commission chief Ursula von der Leyen about the anticipated trade deal between Mercosur and the European Union.
Lula expects the trade deal between Mercosur and the European Union to be signed this year.
Both leaders agreed that the deal is 'even more strategic' amid current global trade dynamics.
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