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Mercosur launches economic partnership talks with Japan, eyes China

Mercosur is pivoting toward Asian markets, initiating economic partnership talks with Japan and exploring trade deals with China.

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3210Jul 1 09:15Jul 1 10:15 UTC

The brief

Mercosur has launched economic partnership talks with Japan while simultaneously eyeing a trade deal with China. During a bloc summit, Brazilian President Lula pushed for a Mercosur–China agreement.

Coverage from Reuters, MercoPress, and Devdiscourse emphasizes that this shift toward Asia occurs as a quota split with the EU remains unresolved. The Japan News reports that Japan should take the lead in expanding these free trade efforts.

Future developments depend on the progression of the EPA negotiations with Japan and the outcome of the push for a trade deal with China.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 41m ago.

Quick answers

Why is Mercosur turning toward Asia?

According to MercoPress, the shift is occurring as the EU quota split remains unresolved.

Who is advocating for the trade deal with China?

Brazil's Lula is pushing for a Mercosur–China trade deal at the bloc's summit, as reported by Eurasia Review.

What is the status of talks with Japan?

Mercosur has launched economic partnership talks with Japan, with some coverage suggesting Japan should lead the expansion of free trade.

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