Lula says Mercosur eyeing fresh trade deals, increased regional commerce

Indonesia Berita Berita

Lula says Mercosur eyeing fresh trade deals, increased regional commerce
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Brazilian President Luiz Inacio Lula da Silva said on Tuesday he wants the Mercosur trade bloc to advance in talks for deals with Canada, South Korea and Singapore, while aiming to increase commerce with other countries in Latin America and Asia.

The leftist president's remarks during a summit of Mercosur leaders in Argentina came as he took temporary presidency of the bloc, which comprises Brazil, Argentina, Paraguay and Uruguay.

In addition to those three nations, Lula said, Mercosur could also "explore new negotiation fronts" with China, Indonesia, Vietnam and countries in Central America and the Caribbean. Lula, who has been pushing for greater integration between Latin American countries, said he also sees room for more trade between Mercosur nations and Chile, Colombia, Ecuador and Peru, while also calling for Bolivia's accession to the bloc.

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