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Mercosur and Canada advance in tenth round of free trade agreement negotiations

2 sources · 31 May 2026 · Share coverage ·

verbatim from the press

Negotiations for a free trade agreement between Mercosur and Canada advanced in the tenth round held in Toronto between May 25-29, with five chapters reaching the closing stage. The meeting deepened discussions on trade in goods, financial services, rules of origin and intellectual property, with completion expected by the end of June.

Press quotes (2)
Carta Capital

"As negociações para a conclusão do acordo de livre comércio entre o Mercosul e o Canadá avançaram com um encontro de grupos temáticos na cidade de Toronto, entre os dias 25 e 29 de maio"

Carta Capital

"Ao longo da décima rodada, cinco capítulos do Acordo avançaram para a etapa de encerramento de negociações"

Bilateral trade flow reached US$ 10.4 billion in 2025, with US$ 7.3 billion in Brazilian exports to Canada — 14.8% growth and a historical record. Negotiations resumed in October 2025 after both countries were affected by trade barriers imposed by the United States.

Press quotes (1)
Carta Capital

"O fluxo de comércio entre Brasil e Canadá alcançou 10,4 bilhões de dólares no ano passado. As exportações brasileiras para o mercado canadense somaram 7,3 bilhões de dólares em 2025, com crescimento de 14,8% em relação ao ano anterior e recorde histórico da série"

Canada's Minister of International Trade, Maninder Sidhu, received Mercosur's chief negotiators during the round. Technical groups discussed temporary entry of business people, bilateral safeguards, sustainable development and legal-institutional issues.

Press quotes (2)
Carta Capital

"o ministro de Comércio Internacional do Canadá, Maninder Sidhu, recebeu os negociadores-chefes do Mercosul"

Carta Capital

"O encontro ao final de maio teve destaque para as reuniões presenciais dos grupos técnicos sobre comércio de bens, serviços e serviços financeiros, entrada temporária de pessoas a negócios, regras de origem, propriedade intelectual, salvaguardas bilaterais, desenvolvimento sustentável, comércio inclusivo e temas legais e institucionais"

Resuming bloc negotiations is a priority of Paraguay's current Mercosur presidency. The bloc maintains parallel negotiations with Chile, Ecuador, Colombia, Peru, UAE and EFTA countries, while the agreement with the European Union entered into force on May 1st.

Press quotes (1)
Carta Capital

"A retomada das negociações em bloco tem sido uma prioridade da gestão atual do Mercosul, presidida pelo governo paraguaio. O acordo com a União Europeia começou a vigorar em 1º de maio"

1. What we know (4)

Tenth negotiation round occurred in Toronto between May 25-29

2 sources Carta Capital Opera Mundi

Five agreement chapters advanced to closing stage

2 sources Carta Capital Opera Mundi

Brazil-Canada bilateral trade reached US$ 10.4 billion in 2025

2 sources Carta Capital Opera Mundi

Negotiations were resumed in October 2025

2 sources Carta Capital Opera Mundi
2. Where coverage thins out (0)

Covered by only some sources, or where the accounts diverge.

No gaps or divergences found — sources converge.

3. What we don't know yet (4)
  • What are the specific sectors with greatest resistance in Brazil-Canada negotiations?

    Why it's still unknown: Sources do not detail which economic sectors present the biggest obstacles or sticking points in discussions

    Did not cover: Carta Capital Opera Mundi
  • What is the specific date scheduled for next meetings still in the first semester?

    Why it's still unknown: Sources mention completion forecast by end of June but do not specify dates for next meetings

    Did not cover: Carta Capital Opera Mundi
  • How does the history of Mercosur agreements with third countries (EU, EFTA) compare in terms of timeline and obstacles?

    Why it's still unknown: Sources do not provide comparative analysis with historical precedents of bloc negotiations

    Did not cover: Carta Capital Opera Mundi
  • What are the specific clauses of the five chapters that advanced to closing stage?

    Why it's still unknown: Sources do not detail the content of chapters that reached the closing stage of negotiations

    Did not cover: Carta Capital Opera Mundi

All sources

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