Mercosur-Singapore agreement may increase Brazil’s GDP by US$5.1 billion in 20 years

According to the ministry, the agreement should increase R$21.2 billion in Brazilian exports to Singapore and R$27.9 billion in imports over the next 20 years. According to the ministry's calculations, investments in Brazil would increase by R$11.1 billion over the same period.

The free trade agreement between Mercosur and Singapore, signed on Wednesday, July 20, in Paraguay, could increase the Gross Domestic Product (GDP, sum of goods and services produced) by R$28.1 billion (US$5.1 billion) by 2041. The Ministry of Economy released the estimate.

According to the ministry, the agreement . . .

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