UAE eyes cooperation with Paraguay ahead of Mercosur trade agreement: UAE Foreign Affairs Minister Sheikh Abdullah bin Zayed Al Nayhan met with his Paraguayan counterpart Rubén Ramírez Lezcano in Abu Dhabi, where they discussed ways to increase economic, trade and investment cooperation between the two countries, Wam reported on Thursday.

ICYMI- The UAE inked an MoU with Paraguay last year focusing on bilateral partnerships in transportation, logistics, sustainability, the economy and infrastructure development.

This comes as discussions for a UAE-Mercosur trade agreement are ongoing, with Brazilian President Luiz Inacio Lula da Silva telling UAE President Sheikh Mohamed bin Zayed Al Nahyan during a phone call that Brazil will push to finalize the agreement in the next few months, Reuters reports, citing a statement by Brazil’s presidency. International Cooperation Minister Reem bint Ebrahim Al Hashimy visited Uruguay in July to review the progress of the negotiations for the agreement.

ALSO- UAE eyes economic and trade cooperation with Pakistan: UAE President Sheikh Mohamed bin Zayed Al Nahyan met with Pakistani Prime Minister Muhammad Shehbaz Sharif yesterday to discuss ramping up bilateral cooperation, focusing on economic, trade, investment, and developmental fields, Wam reports. The leaders also exchanged views on “regional and international issues of common interest,” the statement reads.

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