Brazil takes over Mercosur presidency; Bolsonaro calls for modernization

At a summit of heads of state, Bolsonaro said, "Brazil is in a hurry" to see changes in the bloc's rules.

RIO DE JANEIRO, BRAZIL - In a speech on Thursday, July 8, Brazil's President Jair Bolsonaro said Brazil is thirsty for results, intends to launch new negotiations and conclude pending trade agreements The country assumes, until the end of the year, the pro-tempore presidency of Mercosur.

Bolsonaro also said he would work for the reduction of trade tariffs and "eliminate other barriers to the flow of trade among us and with the world."

"We want and will achieve a more airy and integrated economy with the world, more competitive companies, more productive workers, and more satisfied consumers," he said . . .

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