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Brazil-U.S. Talks May Take Years Says Former Ambassador

SÃO PAULO, BRAZIL – Less than two months after announcing that a trade deal between Mercosur (Brazil, Argentina, Uruguay, and Paraguay) and the European Union had finally been reached, Brazilian officials announced last week that a U.S.-Brazil bilateral free-trade agreement might also be on the table.

The announcement immediately produced questions as to the impact of such an agreement on the Mercosur-EU deal and the South American trade bloc itself. Former Brazilian ambassador in Washington DC, Rubens Barbosa, however, says the latest negotiations between Brazil and the U.S. should not be seen as a setback . . .

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