Brazil president says EU-Mercosur deal to come into force in up to three years


  • World
  • Monday, 01 Jul 2019

Brazil's President Jair Bolsonaro during a news conference at the G20 summit in Osaka, Japan, June 29, 2019. REUTERS/Jorge Silva

(Reuters) - Brazilian President Jair Bolsonaro said on Sunday that it could take up to three years for the free-trade deal agreed by the European Union and South American bloc Mercosur to come into force, as it depends on approvals by lawmakers of all countries involved.

On Friday, EU and Mercosur concluded two decades of talks, committing to more open markets in the face of a rising tide of protectionism.

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