Business & Finance
Can Lula’s re-election unlock Mercosur markets for Southeast Asia?
Key Points
Brazilian President Luiz Inacio Lula da Silva’s re-election should provide continuity for the country’s trade push into Southeast Asia, analysts say, as Vietnam and Indonesia pursue preferential trade agreements with Mercosur, the South American bloc in which Brazil is the largest economy. But better access to Brazil and other Mercosur markets is far from assured, with trade experts pointing to difficult negotiations over tariffs and agricultural access, as well as political differences...
Brazilian President Luiz Inacio Lula da Silva’s re-election should provide continuity for the country’s trade push into Southeast Asia, analysts say, as Vietnam and Indonesia pursue preferential trade agreements with Mercosur, the South American bloc in which Brazil is the largest economy.
But better access to Brazil and other Mercosur markets is far from assured, with trade experts pointing to difficult negotiations over tariffs and agricultural access, as well as political differences within...