Sao Paulo, March 26 -- The Brazilian government, in coordination with Mercosur countries, has initiated new trade negotiations with key partners, including India and the United Arab Emirates, aiming to diversify export markets following progress on its agreement with the European Union.

The development was outlined by Tatiana Prazeres, Secretary of Foreign Trade at Brazil's Ministry of Development, Industry, Trade and Services, during an interaction with the media ahead of a panel discussion at an event in Brasilia. She indicated that the anticipated implementation of the EU agreement would create momentum for expanding trade engagements with other global partners.

Prazeres noted that negotiations are already underway to broaden the exi...