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Mercosur signs free trade agreement with Singapore

RIO DE JANEIRO, Dec. 7 (Xinhua) — The Southern Common Market (Mercosur), made up of Brazil, Argentina, Paraguay and Uruguay, on Thursday signed here a free trade agreement with Singapore, the first of its kind with a country in the Asia-Pacific region.

The signing, which took place during the bloc’s 63rd summit of heads of state, “marks the renewed vigor of Mercosur’s extra-regional trade negotiations agenda, 1