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Finance

Canadian trade team headed to Brasilia next week for Mercosur talks

Published by Global Banking & Finance Review

Posted on April 21, 2026

1 min read

· Last updated: April 22, 2026

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Canadian trade team headed to Brasilia next week for Mercosur talks

Finance Markets Trade Agreements

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April 21 (Reuters) - Canadian trade negotiators working on a free-trade agreement with Mercosur, the South American trading bloc, will travel to Brasilia next week, Canada's International Trade

Canadian Trade Negotiators to Meet Mercosur Bloc in Brasilia for Key Talks

Overview of Upcoming Canada-Mercosur Trade Negotiations

Background on the Trade Agreement

April 21 (Reuters) - Canadian trade negotiators working on a free-trade agreement with Mercosur, the South American trading bloc, will travel to Brasilia next week, Canada's International Trade Minister Maninder Sidhu told reporters in Ottawa on Tuesday.

Expected Timeline for the Deal

Sidhu said the deal is expected to be signed by the autumn.

Reporting and Editorial Credits

(Reporting by Promit Mukherjee; Writing by Ryan Patrick Jones; Editing by Lisa Shumaker)

Key Takeaways

Canada‑Mercosur trade talks have accelerated, with negotiations resuming since 2025 and progressing at “record speed” toward signing by September or October 2026.
Next week’s meeting in Brasilia marks one of several negotiation rounds planned (potentially every six weeks) to meet the objective of concluding the FTA by fall 2026.
The broader context: Canada is diversifying trade beyond the U.S.; Mercosur recently signed an agreement with the EU, signaling the bloc’s expanding global trade agenda.

Frequently Asked Questions

Who is leading the Canadian delegation for Mercosur trade talks?

Canada's International Trade Minister Maninder Sidhu is leading the negotiations for the free-trade agreement with Mercosur.

Where will the next round of Canadian-Mercosur trade negotiations take place?

The negotiations will take place in Brasilia, Brazil, next week.

When is the Canada-Mercosur free-trade agreement expected to be signed?

The agreement is expected to be signed by the autumn.

What is Mercosur?

Mercosur is a South American trading bloc.

Who reported and wrote the article on the Canadian Mercosur talks?

The article was reported by Promit Mukherjee and written by Ryan Patrick Jones.

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Canadian trade team headed to Brasilia next week for Mercosur talks

Canadian Trade Negotiators to Meet Mercosur Bloc in Brasilia for Key Talks