Brazil wants to take advantage of Mercosur presidency to advance with its modernization -Economy minister

Mercosur will remain relevant for Brazil, Paulo Guedes said, depending on "its capacity to respond to these market opportunities that exist." Internally, the bloc reviews "obsolete" arrangements.

RIO DE JANEIRO, BRAZIL - Brazil wants to take advantage of the pro tempore presidency of Mercosur to move forward with the modernization of the bloc, including digitalization, said on Monday the Minister of Economy, Paulo Guedes, at the Mercosur Regional Digital Market seminar, sponsored by the Ministry of Foreign Affairs and ECLAC.

The modernization of the bloc also involves the tariff dimension, adding that this has been worked out with the partners.

He said that this year, digital trade in Brazil is 72% above the levels observed in 2020. "We are already coming out of the pandemic, and the growth . . .

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