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Brazil foreign trade secretary says EU-Mercosur trade pact still under review

Brazil foreign trade secretary says EU-Mercosur trade pact still under review
FILE PHOTO: European Union flags flutter outside the European Commission headquarters, in Brussels, Belgium June 30, 2019. REUTERS/Yves Herman -
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YVES HERMAN(Reuters)
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SAOPAULO (Reuters) – Brazilian Foreign Trade Secretary Marcos Troyjo said on Tuesday that a proposed agreement between the Mercosur trade bloc and the European Union is being revised by lawyers, a process that may take 6-to-7 months to finalise.

After the terms are revised domestically by the participating countries, the agreement will need to be approved by the parliaments of both trade blocks’s member countries, Trojyo said in response to a moderator’s question during a meat industry conference in São Paulo.

(Reporting By Ana Mano; Editing by Chizu Nomiyama)

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