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South Korea, Brazil revive trade talks with Mercosur bloc

By PulseAugur Editorial · [1 sources] ·

South Korea and Brazil have agreed to resume free-trade agreement negotiations between South Korea and the Mercosur trade bloc. A joint working group will be established to prepare for formal talks at the Mercosur summit in December. Analysts suggest that South Korea must demonstrate a commitment to technology transfer and investment to overcome skepticism from Brazil's manufacturing sector, which fears harm from increased Korean imports. AI

RANK_REASON Resumption of trade talks between a major global economy and a significant trade bloc. [lever_c_demoted from significant: ic=1 ai=0.1]

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South Korea, Brazil revive trade talks with Mercosur bloc

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Resumption of trade talks between a major global economy and a significant trade bloc. [lever_c_demoted from significant: ic=1 ai=0.1]
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COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Park Chan-kyong ·

    How South Korea can ease Brazilian concerns to unlock trade in South America

    If South Korea wants to unlock access to South American trade, it will need to prove it is not a competitor interested only in extracting natural resources but a trustworthy partner committed to revitalising manufacturing industries, according to observers. On Monday, South Korea…

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