Mercosur–Singapore deal secures zero tariffs on exports

The Mercosur–Singapore agreement takes effect next Saturday (Aug. 1) and should gradually reduce or eliminate tariffs between Singapore and the South American bloc. The agreement guarantees zero tariffs on all Brazilian exports to Singapore. The agreement also establishes common criteria for trade operations. Notícias relacionadas: Brazil to step up efforts toward Mercosur–S. Korea deal. Lula and Xi Jinping discuss Mercosur–China deal. In addition to reducing tariffs, the pact expands access…