Joe Leahy – The Financial Times, 7/01/2015
Mercosur and the EU appear set to exchange formal offers on tariffs by the end of the year, raising hopes that the South American bloc is close to clinching the biggest trade deal in its 24-year history.
Armando Monteiro, the Brazilian trade and industry minister, told the Financial Times in an interview that the exchange of market access offers would mark an important step towards full implementation of the proposed trade deal as early as next year.
The South American bloc and the EU have been engaged in on-off talks on a deal since 1999.
Brazil Portal 