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Merkel urges Brazil to open foreign competition

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Merkel urges Brazil to open foreign competition


German Chancellor Angela Merkel urged Brazil to open up its markets to more foreign competitors.

Merkel is in the country to promote German trade and businesses.

She wants the government there to help speed up the conclusion of a free trade deal between EU and a bloc of South American countries.

“There is one development that makes me hopeful and could enforce the revival of the economic cooperation: that is a new willingness of Brazil in speeding up the negotiations onthe EU-Mercosur free trade agreement. Brazil is very ambitious as 
far as that is concerned,” she said. 

Merkel talked trade and investment with Brazilian President Dilma Rousseff.

But the pair also discussed how world powers can strike an ambitious climate deal in Paris this December.

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