Upon assuming the bloc’s presidency, Brazilian President Luiz Inácio Lula da Silva advocated signing an agreement with the European Union and advancing negotiations with the United Arab Emirates.
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Mercosur foreign ministers’ statement indicates talks will conclude soon, with the agreement set to be signed later this year.
The Arab country increased its purchases of fertile eggs and one-day-old chicks from Brazil by 1,727%, according to Brazilian poultry lobby.
An indicator from think tank Fundação Getulio Vargas edged up in the fourth from the third quarter. The best-performing economies in the region were Paraguay, Uruguay and Colombia.
Jorindo Group director Kamal Suleiman visited the Arab Brazilian Chamber and said he’s searching for Brazilian distributors to start selling their products in Brazil.
The conclusion of talks – which had begun in 1999 – was announced this Friday in Brussels.

