Japan eyes Latin America for mega-FTA to secure minerals, food security

Kishida's proposed visit would be chance to explore Japan-Mercosur EPA

20240119 Kishida Lula

Japan's Prime Minister Fumio Kishida shakes hands with Brazil's President Luiz Inacio Lula da Silva before their meeting in Hiroshima on May 20, 2023. (Pool photo)

SHIGERU SENO, Nikkei senior staff writer

TOKYO -- Japan is gearing up to enhance its economic ties with Central and South America in 2024 by pursuing an Economic Partnership Agreement deal with the Southern Common Market known as Mercosur, a trade bloc that encompasses Brazil, Argentina and other countries. A potential Japan-Mercosur EPA would likely be Japan's last mega-FTA.

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