
EUROPEAN Union chief Ursula von der Leyen claimed on Monday that a free trade deal with Latin America’s Mercosur bloc could be struck by the end of the year.
But Brazilian President Luiz Inacio “Lula” da Silva remained more cautious, insisting he would stand by exemptions allowing Brazil to plan its economic and industrial development.
Ms von der Leyen met President Lula on Monday at the start of a tour of the four Mercosur countries — Brazil, Argentina, Paraguay and Uruguay — in a bid to increase trade.

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