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Brazil ratifies free trade with Palestinian Authority

by Reuters

BRASILIA Jul 09, 2024 - 1:08 am GMT+3
Palestinians crowd the main market in Ramallah city in the Israel-occupied West Bank, June 9, 2024. (AFP Photo)
Palestinians crowd the main market in Ramallah city in the Israel-occupied West Bank, June 9, 2024. (AFP Photo)
by Reuters Jul 09, 2024 1:08 am

Brazil has enacted a free trade agreement with the Palestinian Authority that had been pending ratification for over a decade, in a gesture of solidarity with the Palestinian people amid Israel’s ongoing attacks.

"The agreement is a concrete contribution to an economically viable Palestinian state, which can live peacefully and harmoniously with its neighbors," Brazil's foreign ministry said on Monday in a statement.

It said Brazil, which recognizes a Palestinian state and allowed a Palestinian embassy to be built in the Brazilian capital in 2010, ratified the agreement on Friday between the Mercosur trade bloc of South America and the Palestinian Authority that had been signed in 2011.

It was not clear whether other Mercosur members would follow suit. Argentina's right-wing government of President Javier Milei is not expected to do so.

The foreign ministries of Uruguay and Paraguay did not immediately respond to requests for comment.

Palestinian ambassador in Brasilia, Ibrahim Al Zeben, called Brazil's decision "courageous, supportive and timely."

It is "the effective way to support peace in Palestine," he said in a message to Reuters, adding that he hopes Palestine's trade with Mercosur, currently only $32 million a year, will grow.

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