Mercosul Open to Trade Agreement with BRICS, Says Paraguayan President
Cooperation areas
Source: Brasil 247 | Original Published At: 2026-01-18 05:34:58 UTC
Key Points
- Mercosul signals openness to a free trade agreement with BRICS following its EU deal.
- Paraguayan President Santiago Peña states 'absolutely' to Mercosul-BRICS negotiations.
- Mercosul aims to diversify partnerships with UAE, Japan, South Korea, Indonesia, and Vietnam.
- Strategic shift emphasizes multilateralism amid global economic uncertainty.
- Potential BRICS agreement could boost market diversification and investment opportunities.