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"Such an agreement is in the interest of both parties. Therefore, we need to pave the way to approve it as soon as possible," German Chancellor Scholz stated.
On Monday, Brazil’s President Lula da Silva and Germany’s Chancellor Olaf Scholz announced that they will promote the signing of the trade agreement between the Southern Common Market (Mercosur) and the European Union (EU).
"We will work hard to sign this agreement, which we hope to approve before June. We will show Europeans how flexible we are. We expect the EU to show us the same," Lula da Silva stated.
"The Mercosur-EU agreement is in the interest of both parties. Therefore, we need to pave the way to approve it and strengthen our economies," Scholz highlighted.
Since 1999, the EU has been negotiating a Free Trade Agreement (FTA) with Mercosur. In June 2019, both parties arranged to progressively eliminate tariffs on trade in various items, including agricultural goods.
In a conversation with French President Emmanuel Macron yesterday, when asked if Brazil would send ammunition to Ukraine, President Lula said, "our war is against poverty, not Russia." pic.twitter.com/nz5163YnTe