Lula Eyes Mercosur-Japan Trade Agreement Talks

Brazilian President Luiz Inacio Lula da Silva expressed plans to initiate trade agreement talks between Japan and Mercosur by late 2025. This announcement was made during Lula's state visit to Japan, where he met with Japanese Prime Minister Shigeru Ishiba.

Brazilian President Luiz Inacio Lula da Silva announced plans to start negotiations for a trade agreement between Japan and South America's Mercosur bloc in the latter half of 2025. The discussions are expected to coincide with Brazil's leadership of the bloc.

The announcement was made during Lula's official visit to Japan, where he engaged in discussions with Japanese Prime Minister Shigeru Ishiba. This marks a significant diplomatic move as both nations look to strengthen economic ties.

The prospective trade agreement between Japan and Mercosur, a major economic bloc in South America, could further cement international collaborations and open new avenues for trade and investment.

(With inputs from agencies.)