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Brazil’s Economy Minister endorses Uruguay’s negotiation with non-MERCOSUR countries

RIO DE JANEIRO, BRAZIL - After the governments of Argentina and Brazil reached an agreement to reduce MERCOSUR's common external tariff, President Luis Lacalle Pou assured that Uruguay "agrees," but said it should be combined with the flexibilization of the bloc. The government intends to be able to negotiate free trade agreements independently.

On Tuesday, Brazil's Economy Minister Paulo Guedes stated that only Uruguay's support is lacking to reduce the common external tariff by 10%, once Paraguay has conveyed its favorable position.

With respect to the demand for the flexibilization of MERCOSUR, he pointed out that the Brazilian . . .

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