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French and Brazil presidents want free trade zone
French and Brazilian presidents want EU-Mercosur free trade zone
Associated Press
2013-12-13 11:42 PM

SAO PAULO (AP) -- The presidents of France and Brazil say that the European Union and the South American trade bloc Mercosur are ready to revive talks on a free-trade zone.

Presidents Francois Hollande and Dilma Rousseff made their remarks Friday during a meeting with business leaders at the Sao Paulo Federation of Industries.

Hollande arrived in Brazil on Thursday for a two-day state visit to Latin America's biggest country.

Rousseff said the creation of a free-trade zone would help the two blocs "realize their yet unexplored potential for the exchange of products and services.

Hollande said the EU must be willing to "open up to Latin America and other economic zones."

Mercosur includes Brazil, Argentina, Uruguay, Paraguay and Venezuela.

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