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EU-Mercosur deal worth $79 billion to Brazil, say analysts

Estimate could be higher if a reduction of non-tariff barriers is included in analysis.

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The free trade agreement between Mercosur and the European Union (EU), concluded in late June, is expected to have an impact worth USD79 billion on the Brazilian economy by 2035, according to a new estimate calculated by analysts from Brazil’s National Confederation of Trade in Goods, Services and Tourism (CNC).

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