Brazil’s Lula says Mercosur, Canada should advance in trade deal talks

SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Tuesday he is interested in advancing talks for a trade deal between South America’s Mercosur bloc and Canada in order to “diversify and expand our exchange”.

Lula in a post on X congratulated Canadian Prime Minister Mark Carney as he completed a comeback victory for the governing Liberals in Monday’s election.

Mercosur – which includes Brazil, Argentina, Paraguay and Uruguay – has had negotiation rounds for a trade deal with Canada in the past.

(Reporting by Gabriel Araujo)

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