Concept

Brazil–European Union relations

Summary
Brazil and the European Union established diplomatic relations in 1960. The European Union and Brazil have close historical, cultural, economic and political ties. At the 1st EU-Brazil summit, in 2007, Brazil entered in a strategic partnership with the European Union, strengthening their ties. This new relationship places Brazil high on the EU's political map. Agreements The present relationship is governed by the EC-Brazil Framework Cooperation Agreement (1992), EU-Mercosul Framework Cooperation Agreement (1995) and the Agreement for Scientific and Technological Cooperation (2004). The EU is currently seeking a free trade agreement with Mercosur, the regional trade bloc of which Brazil is a part. Trade The EU is Brazil's leading trade partner and represented 18.3% of Brazil's total trade in 2017. In 2007, the EU imported €32.3 billion in Brazilian goods and exported €21.2 billion
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