South America bloc Mercosur agrees to extend exemptions to common external tariff

BRASILIA (Reuters) – The member nations of the South American Mercosur trade bloc said in a joint statement on Friday they have agreed to temporarily extend exemptions to the bloc’s common external tariff, citing a “challenging international environment”.

(Reporting by Lisandra Paraguassu; Writing by Andre Romani; Editing by Anthony Esposito)

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