Mercosur and Canada make progress on new free trade agreement.

THE Canada Mercosur and other countries are close to finalizing a new free trade agreement., which must be signed by the end of 2026. According to sources heard by Reuters, one A new round of negotiations is scheduled for April.According to the report, The agreement is well underway and negotiations could be concluded before September.The expectation is that the Canadian Prime Minister Mark CarneyVisiting Brazil in the next quarter is a possible indication of progress in negotiations.

The potential free trade agreement with Mercosur is part of Canada's new strategy to diversify its trading partners.In recent months, Canadian trade has been quite… affected by tariffs imposed by the Donald Trump administrationCurrently, the US remains the country's largest trading partner. Negotiations with Mercosur with European Union They were also essential for resuming talks with the Canada, says the ReutersSince the beginning of March, Canadian authorities have intensified visits and/or meetings with representatives of South American bloc.

This text was translated by machine from Brazilian Portuguese.