"we are reading major investments and partnership is been agreed [to]"
~ Submitted by BofB
16 June 2014
German Chancellor Angela Merkel assured Brazil on Sunday (15 June) that she will do her utmost to bring to a successful end the 15-year-old negotiation of a free trade deal between the European Union and South America's Mercosur trade bloc.
Merkel, stopping in the Brazilian capital on her way to see the German soccer team play in the World Cup today said Germany and Brazil, the two largest economies in Europe and Latin America, had much to gain from more trade and investment.
"We have a lot of interest in reaching a free trade agreement between Mercosur and the European Union," she said in a statement to reporters after meeting with Brazilian President Dilma Rousseff. "I will do what is possible so that we can take a step forward and overcome the obstacles."