EU warns against adjusting Mercosur trade deal

FILE PHOTO: European Trade Commissioner Valdis Dombrovskis presents a review of trade and sustainable development, in Brussels, Belgium June 22, 2022. REUTERS/Yves Herman/File Photo

BRUSSELS (Reuters) - The European Commission said on Wednesday it would be unwise to renegotiate parts of its proposed free trade agreement with Brazil and other countries of the Mercosur bloc, given it took two decades to reach an initial deal.

Brazilian President Luiz Inacio Lula da Silva said last week his country would not sign the trade pact without adjustments, specifically pointing to his government's opposition to allowing European companies to sell to Brazil's public sector.