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Brazil and Colombia to pursue Mercosur-Pacific Alliance agreement

Staff Writer | March 21, 2018
After receiving Colombian President Juan Manuel Santos and other authorities, President Michel Temer said the two countries will defend the conclusion of a trade agreement between Mercosur and the Pacific Alliance - trade bloc formed by Mexico, Chile, Peru and Colombia.
Santos Temer
Trade talks   Mexico, Chile, Peru and Colombia
“It is a moment of special convergence between our countries. So much so that President Santos and I have agreed to very eagerly sponsor an agreement between Mercosur and the Pacific Alliance. We have the atmosphere and the conditions for this agreement," he said after delivering a statement to the press.

Temer also stressed the importance of the current trade flows between the two countries and the intent to deepen relations in areas such as public security, investments and agriculture.

During the bilateral meeting, the two countries reached agreements in three different areas. In trade, the two nations will use electronic Certificates of Origin to attest to the origin of exported products, reducing bureaucracy and facilitating trade.

In the field of entrepreneurship, Brazilian and Colombian authorities signed a memorandum to integrate incentives for micro, small and medium-sized enterprises aiming at making companies from both countries more competitive and better inserted in the international market.

Finally, the two governments will work together to develop policies for family farming, sharing infrastructure and techniques in the area.


 

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