Canada and the South American trade bloc Mercosur will announce in December the opening of negotiations for a free-trade deal during the World Trade Organization’s annual meeting in Argentina, two sources told Reuters this week.
The governments of all four full members of Mercosur — Argentina, Brazil, Paraguay, and Uruguay — have approved entering into talks, said the sources, who requested anonymity as the details of the deliberations are private.
In Canada, the talks still need to be approved by the cabinet of Prime Minister Justin Trudeau, though that step is considered a formality, one of the sources added.
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