bilaterals.org logo
bilaterals.org logo
  1. Negotiations

Brazil

While Brazil was one of the chief Latin American architects of the defeat of the FTAA, its economic policy has, in many cases, been favorable to the signing of FTAs. Given its dominant position in Mercosur and on the continent in general, it has focused its efforts on reaching such agreements within the institutional forums of which it is a member.

Mercosur in particular is actively involved in seeking negotiations with India, Central America, the Southern African Customs Union, and Algeria.

In many cases these trade agreements are being pursued as part of the administration’s policy of expanding markets for agrofuels (ethanol).

At the same time, Brazil is carrying on negotiations with India and South Africa, with which it makes up the strongest economic bloc of Southern countries within IBSA, creating tensions within Mercosur.

In March 2011, Brazil signed an Agreement on Trade and Economic Cooperation (ATEC) which many analysts see as a first step towards an FTA. Since 2010, Brazil has also been pushing for an FTA with Mexico.

last update: May 2012
Photo: Cesar Itiberê/PR CC BY-NC-SA 2.0

Armenia and Brazil plan bilateral agreement on investment protection: Highlights of high-level meeting
22-Nov-2024 Business Media
The Armenian Minister of Economy and the Ambassador of the Federative Republic of Brazil to Armenia proposed a bilateral agreement on the promotion and mutual protection of investments.
Brazil adopts free trade with Palestinian Authority in show of support
9-Jul-2024 Reuters
Brazil has put into effect a free trade agreement with the Palestinian Authority that has been waiting for ratification for more than decade, in a show of support for the Palestinian people.
Brazil wants more trade, investment with Arab countries, says official
5-Jul-2022 Reuters
Brazil wants to expand trade and investment with Arab countries, said a government official, amid ongoing talks for commercial agreements with Saudi Arabia, Lebanon and the United Arab Emirates.
What you should know about the Chile-Brazil Free Trade Agreement (FTA)
15-Mar-2022 Sidera Consult
The Free Trade Agreement between Brazil and Chile went into effect on January 25. It is an additional protocol to Chile’s Free Trade Agreement with Mercosur.
Brazil reaffirms its interest in concluding a free trade agreement with the United States
17-May-2021 The Daily Guardian
Brazilian Economy Minister Paulo Guedes told US Trade Secretary Gina Raymondo that Brazil wants to continue negotiations for a free trade agreement between the two countries
Brazil and Britain sign "Poison Memorandum"
19-Feb-2021 Brasil Wire
Brazil and the United Kingdom created a joint committee to facilitate the relationship in agribusiness.
Brazil fears agriculture protectionism amid pandemic: draft report
5-May-2020 Reuters
The report urges Brazil to go further in signing more trade agreements, to ensure favorable market access for its farm products.
US and Brazil seek to conclude trade agreement in 2020
22-Apr-2020 Just Style
The US and Brazil are hoping to conclude an agreement on trade rules and transparency this year, including trade facilitation and good regulatory practices.
Brazil India investment cooperation and facilitation treaty (2020)
10-Apr-2020 Modern Diplomacy
This is Brazil’s 10th and India’s 4th bilateral investment agreement since both nations had adopted their Model Bilateral Investment Treaty.
Brazil, Mexico begin trade talks amid Bolsonaro push for export deals
10-Sep-2019 Reuters
Brazil and Mexico have begun talks on a free trade deal, seeking to deepen commercial ties between the two largest economies in Latin America.