Trade Regulations

ANBA: Brazil to conclude a Mercosur-Lebanon free trade agreement in 2022

Aug, 17, 2021 Posted by Ruth Hollard

Week 202133

The Brazilian government expects the free trade agreement between Mercosur and Lebanon to be concluded next year. The information was provided to ANBA by the Ministry of Foreign Affairs. Since July, Brazil has held the bloc’s pro-tempore presidency, which rotates among its members.

Lebanon and Mercosur are in negotiations for a trade agreement. Itamaraty informed that talks were affected by the Covid-19 pandemic, but were resumed in December of last year. Brazil coordinates the negotiations between the South American bloc and Lebanon. “The expectation is that the agreement can be concluded in 2022”, informed Itamaraty.

As coordinator of the negotiations and pro-tempore president of Mercosur, Brazil intends to organize a new virtual round of negotiations with Lebanon this semester, according to the Ministry of Foreign Affairs. “If the Lebanese side is available,” said the ministry.

Source: Comex do Brasil

To read the full original article, visit the link: https://www.comexdobrasil.com/brasil-quer-concluir-acordo-de-livre-comercio-mercosul-libano-em-2022-informa-a-anba/

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