Brazil expects 13 percent export rise from EU trade deal
Vice President Geraldo Alckmin expects industrial exports to rise 26 percent as tariff removals begin in May. Brazil also seeks to expand its trade partnership with the United States.
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The government of Brazil anticipates a significant boost to its trade balance following the full implementation of the free trade agreement between the Mercosur bloc and the European Union. Vice President Geraldo Alckmin projected on Wednesday that national exports could rise by 13% by 2038, with industrial exports specifically expected to climb by 26% over the same period.
