Brazil: Lula announces trade agreement with Palestine

Source: Middle East Monitor [UK]

“Brazilian President Lula da Silva announced yesterday the ratification of the free [sic] trade agreement between the Mercosur South American trade bloc and Palestine, allowing the entry of Palestinian products without customs tariffs. According to Lula, Brazil is the first country in the bloc to ratify a free [sic] trade agreement with Palestine. He made the announcement at the 64th Summit of Mercosur heads of state in Paraguay. This came after the Union of South American Nations (UNASUR) included Palestine in the common market that promotes free [sic] trade between Argentina, Brazil, Uruguay and Paraguay, which together make up 76 per cent of the gross domestic product (GDP) of Latin America.” (07/09/24)