Brazilian President Luiz Inacio Lula da Silva said on Monday that Vietnam has expressed interest in a trade deal with the Mercosur bloc of Brazil, Argentina, Paraguay and Uruguay, adding he will bring the topic up for discussion with those countries.
Lula, who is currently chairing the group, said he wants to bring Mercosur members closer to Asian countries and highlighted there is room for trade with Vietnam to grow, as he welcomed Vietnamese Prime Minister Pham Minh Chinh in Brasilia.
Mercosur and the EU reached an agreement in 2019 after two decades of negotiations but it has been on hold due to environmental concerns. The Brazilian leader said on Monday he aims to deepen the Brazil-Vietnam cooperation in sectors such as agriculture, education and defense, adding that both governments had signed deals covering those areas during their get-together.A memorandum of understanding on defense, Lula added, was the "first step" towards a future deal that would open room for his country to export defense products to the Asian nation, "including aircraft".in Sao Paulo state.
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