Sweden supports Mercosul-EU trade agreement

Swedish Minister for International Development Cooperation and Foreign Trade, Benjamin Dousa, has expressed strong support for concluding the trade agreement between the European Union and Mercosul. Speaking at the Brazil-Sweden Business Dialogue in São Paulo, Dousa stated that Stockholm is working to deepen economic ties between Europe and Latin America.

The minister noted that the agreement serves as a significant milestone for European trade policy, aiming to increase predictability by establishing clearer rules and reducing market barriers. He also highlighted the geopolitical importance of the pact as a signal for free trade during a period of global protectionist trends.

Sweden and Brazil are currently celebrating 200 years of diplomatic relations. The bilateral relationship is built on three pillars: a 2009 strategic partnership covering sectors such as health, mining, and bioeconomy; economic cooperation, supported by over 250 Swedish companies operating in Brazil; and strengthened connections between the two regions.