Mon, Jan 28, 2013 - Page 15 News List

Mercosur vows to revive stalled free-trade talks

SLOW PROGRESS:As some South American nations favor protectionism, there are major barriers to a trade deal Brussels hopes would boost Europe’s economies

Reuters, SANTIAGO

Brazil — Latin America’s largest economy — has also raised import barriers on goods ranging from European steel to powdered milk. In the first 10 months of last year, Brazil opened 47 trade defense cases, more than double the number in all of 2011.

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