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Brazil says Mercosur reached trade deal with EFTA bloc - president

Brazil says Mercosur reached trade deal with EFTA bloc - president
Brazil's President Jair Bolsonaro speaks during the Brazilian Steel Conference in Brasilia, Brazil, August 21, 2019. REUTERS/Adriano Machado -
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ADRIANO MACHADO(Reuters)
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SAOPAULO (Reuters) – Brazilian President Jair Bolsonaro said on Friday the South American common market Mercosur has concluded a trade deal with EFTA, the European free trade group formed by Switzerland, Norway, Iceland and Liechtenstein.

In a post on Twitter, Bolsonaro said the deal is a positive result of his government’s diplomatic efforts to open up trade between Brazil and other countries.

He announced the deal as Brazil faced criticism from foreign leaders over fires raging in the Amazon, with some European countries threatening not to approve a deal between Mercosur and the European Union.

(Reporting by Marcelo Teixeira)

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