00:00Brazil ratified the Mercosur Agreements with the European Free Trade Association in Singapore
00:05which will increase Brazilian trade with tariffs preferences from 12% to 31.2%
00:11in addition to the agreements negotiated with the European Union.
00:15The treaty will open up a market of 280 million consumers
00:19and extend 99% of Brazilian exports from tariffs
00:23while also establishing quotas for meat, corn and honey.
00:26In 2025, bilateral trade totaled $7,800 million
00:31with $3,800 million in Brazilian exports.
00:35Meanwhile, the agreement with Singapore will provide zero tariffs
00:39on 100% of Brazil's exports starting August 1st
00:45which totaled $7,400 million in 2025.
00:50Also, Brazil has intensified negotiations with the United States
00:53to reduce or eliminate the tariffs imposed by Donald Trump.
00:57The Ministry of Development, Industry, Trade and Services
01:00reported that it is concretely evaluating six issues
01:04including digital trade, preferential tariffs,
01:07the fight against corruption, intellectual property,
01:11ethanol and illegal deforestation.
Comments