南共市与欧洲自贸联盟在里约热内卢签署自贸协定

Core Points - The Southern Common Market (MERCOSUL) and the European Free Trade Association (EFTA) signed a Free Trade Agreement (FTA) in Rio de Janeiro, creating a trade zone covering approximately 300 million people with a combined economic output exceeding $4.3 trillion [1][2] - The FTA encompasses various areas including goods and services trade, investment, intellectual property, government procurement, competition policy, and sustainable development, improving market access for over 97% of export products between the two regions [1] - The first round of negotiations for the FTA began in June 2017, with a total of 14 rounds held, and the agreement is expected to be finalized by July 2025 [1] Industry Impact - The signing of the FTA is described as the largest expansion of Brazil's foreign trade network in recent years, with Brazil's exports and imports increasing by 152% since 2023 due to favorable trade policies [2] - Brazil aims to complete negotiations with the UAE, resume talks with Canada, and expand existing agreements with Mexico and India to further broaden its market reach [2]