Mercosur Singapore FTA: Brazil Opens Zero-Tariff Asia Trade

Brazil · Trade Key Facts —Effective date. The agreement enters into force for Brazil on 1 August 2026. —Tariff treatment. Singapore will apply zero tariffs on 100 percent of Brazilian exports immediately upon entry into force. —Mercosur timeline. Mercosur will eliminate tariffs on roughly 95.8 to 96 percent of goods over a period of up…