In theory at least, big trade accords are in the works with India, the Mercosur group, Canada, Malaysia and Singapore.

至少在理论上，欧盟与印度、南方共同市场、加拿大、马来西亚、新加坡重要的贸易协定正在制定过程中。

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Apart from international shipping, Bolivia is also making a bid for seagoing and riverborne trade within Mercosur, the South American free-trade group.

ECONOMIST: Bolivia waves the flag

Brazil dominates Mercosur, a relatively protectionist trade group.

ECONOMIST: Yet another new regional club

Mr Cardoso said he hoped to bring South America's two trade blocs - Mercosur and the Andean Group - closer together.

BBC: Brazil hosts landmark summit