Free trade with Palestine: Brazil’s bold move to ignore Israel

Last Updated on July 10, 2024 7:58 am

 

Brazil has finally implemented the long awaited free trade agreement with Palestine. It is an audacious move for Brazil to implement a free trade agreement with Palestine, bypassing Israel. The agreement is a rebuke to Israel as well as an expression of the country’s strong support for the Palestinian people.

Turkish media reported TRT World. In a statement Monday, Brazil’s foreign ministry said the agreement is a real contribution to an economically viable Palestinian state. So that the country can live in peace and harmony with its neighbors.

The Palestinian ambassador to Brasilia, Ibrahim Al Zeben, called Brazil’s decision “courageous, supportive and timely”.

He said in a message sent to the news agency Reuters, this is an effective way to support peace in Palestine.

The ambassador said he hopes Palestinian trade with Mercosur will increase. Currently it is only 32 million dollars a year.

Brazil recognized the State of Palestine in 2010. It also allowed the establishment of a Palestinian embassy in the country’s capital. Friday ratified the agreement signed in 2011 between Latin America’s Mercosur trade bloc and the Palestinian Authority.

It is unclear whether other Mercosur members will follow suit. Argentina’s right-wing government led by President Javier Maile is not expected to do so. The foreign ministries of Uruguay and Paraguay did not immediately respond to requests for comment.

Since October 7, many countries have recognized Palestine as a state; These include Spain, Norway, Ireland, Bahamas, Trinidad and Tobago, Jamaica, Barbados and Armenia.

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