EU-Mercosur Trade Deal May Take Three Years to Finalize, Brazil's President Says
The recently announced trade deal between the EU and the South American countries in the Mercosur trade bloc (see 1906280060) could take between one and three years to come into force, Brazil's President Jair Bolsonaro said, according to a Reuters…
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report. The timing of implementation will depend on the approval of the involved parliaments, he said. Mercosur is made up of Argentina, Brazil, Paraguay and Uruguay. Venezuela also is a member but has been suspended since December 2016.