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Brazil's agriculture minister optimistic about a Mercosur/EU trade deal

Staff writer |
Brazil' minister of agriculture Katia Abreu said she was very optimistic about Mercosur reaching a trade agreement with the European Union because Mercosur members have almost agreed and finished their proposal.

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”Mercosur is on the right track, countries of the region have virtually agreed on the proposal (of tariff reductions) to exchange with the European Union. If any problems look to Europe”, said Abreu interviewed by the Uruguayan media at the Sao Paulo international poultry and hogs industry exhibition.

Abreu admitted that in the June Brussels ministerial meeting, Mercosur insisted on finally reaching a deal on negotiations that have been going on for over 15 years.

“I'm convinced the exchange of proposals with the EU will take place at the end of October, beginning of November. That's virtually tomorrow.

"On our side from the technical point of view, we are ready, I don't know if I can say the same on the political side”, said the minister, who was previously president of Brazil largest and most efficient farmers' association.

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