💨 Abstract

Brazilian Finance Minister Fernando Haddad emphasized the political significance of the EU-Mercosur trade deal, suggesting it offers an alternative to a bipolar world. He argued that the agreement, pending approval by EU member states, could provide a solution amidst US tariff uncertainties. Haddad also advocated for pushing multilateralism further, referring to Brazil's upcoming COP30 climate summit.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖