With a Toy Weapon Former Official Takes Hostage and Demands Cleaner Politics in Brazil
After holding hostage a hotel employee in downtown Brasília, the capital of Brazil, for ne...

Read more

"We Are Not Dying," Answer Indigenous Peoples to Sensationalized Photo Expo
An Amazon Indian protested outside the exhibition of controversial photographer Jimmy Nel...

Read more

Brazilian Nattan Pires: a New Star in the World Fashion Constellation
In the competitive world of international fashion, the Brazilian model Nattan Pires has s...

Read more

Bahia Port in Brazil Gets Green Light Despite Greens' Opposition
The government has authorized the beginning of the construction of Porto Sul, in the city...

Read more

President's Rise in the Polls Is Sinking the Brazilian Real
Brazil's real advanced from a seven-month low as the Brazilian central bank signaled it w...

Read more

Brazil President Tells UN She Wants More Power for Developing Countries
President Dilma Rousseff criticized on September 24 the delay in providing developing cou...

Read more

Brazil's So-called Free Electoral Ad Time Costs Taxpayers US$ 350 million
According to Brazilian law, open television channels and radio stations must set aside a ...

Read more

Former Political Prisoners in Brazil Visit Place Where They Were Tortured
Former political prisoners, accompanied by experts and members of the National Truth Commi...

Read more

Brazil Presidential Candidate Marina Silva Vows to Promote Democracy in Cuba if Elected
Brazilian resident Dilma Rousseff's main foreign affairs' advisor Marco Aurelio Garcia de...

Read more

Fear Campaign in Brazil Hurts Marina and Helps Reelection of President Rousseff
Brazilian President Dilma Rousseff effective television campaign seems to have eroded Mar...

Read more

Rio Celebrates Car-Free Day Promoting Bike Riding
A number of actions were staged in Rio de Janeiro, Brazil, in observance of the World Car...

Read more

Brazil Takes to the Streets in Defense of Religious Freedom
Nearly a thousand people took part in the 7th Walk for Religious Freedom along Copacabana ...

Read more

With a Toy Weapon Former Official Takes Hostage...
"We Are Not Dying," Answer Indigenous Peoples to...
Brazilian Nattan Pires: a New Star in the...
Bahia Port in Brazil Gets Green Light Despite...
President's Rise in the Polls Is Sinking the...
Brazil President Tells UN She Wants More Power...
Brazil's So-called Free Electoral Ad Time Costs Taxpayers...
Former Political Prisoners in Brazil Visit Place Where...
Brazil Presidential Candidate Marina Silva Vows to Promote...
Fear Campaign in Brazil Hurts Marina and Helps...
Rio Celebrates Car-Free Day Promoting Bike Riding
Brazil Takes to the Streets in Defense of...

 

Brazil May Reconsider Threat to Take Argentina do WTO

Brazil auto parts The Brazilian goverment and that of Argentina reached "relatively productive" results following the São Paulo meeting of the bilateral trade monitoring committee to address the ongoing restrictions imposed by Argentina to Brazilian exports, according to diplomatic sources from both sides.

"The possibility of Brazil formally presenting a complaint before the World Trade Organization, as requested by Brazilian manufacturers is considerably more distant," said Ivan Ramalho, a top official from the Brazilian Development, Industry and Foreign Trade ministry.

Following Brazilian exporters disappointment with the slow award of import licenses, Argentina promised to liberate the documents "with the speed contemplated in the framework of accords", said Eduardo Bianchi, Deputy Secretary for Trade Policy and Management from Argentina's Production Ministry.

Last week the Brazilian National Industry Confederation, CNI recommended taking Argentina before the WTO, questioning the non automatic licensing system delays which go far beyond what has been established by WTO.

However following the two day meeting in Sao Paulo, members from both governments also agreed that the "main products exported by Brazil to Argentina" are suffering from the impact of the global crisis.

Bianchi also pointed out that the main products exported by Brazil to Argentina "are not subject to licenses". Only 6% of the list of export products is subject to licenses.

But Ramalho said that "we told the Argentine government that the process of extending non automatic licenses is of great concern, not necessarily because of values involved but rather because it includes highly sensitive products for Brazil" such as footwear, furniture and auto parts.

"We have shown the Brazilian delegation with numbers that Argentina has speeded the award of licenses to those sectors and particularly to all those in which Brazil is involved," added Bianchi.

In the first half of this year Brazilian exports to Argentina dropped 42% compared to a year ago, totaling US$ 4.9 billion. This represents an overall fall in bilateral trade of 32.9%, down to 9.9 billion USD.

Nevertheless Brazilian manufacturers argue that 13.5% of exports to Argentina are exposed to the license restrictions, three times more than in 2004 (3.7%).

Bianchi finally argued that in spite of some misunderstandings and the fallback in total imports, "for Argentina the main trade partner remains Brazil".

Protectionist Policies

Argentina's main trade unions confederation, CGT, and the chamber of small and medium enterprises, CAEM, energetically supported trade protection measures imposed by the government and which triggered complaints and irritation among Mercosur country members.

A joint statement from the unions and the small and medium enterprises describes pressure against Argentina as coming from a "strong lobby" linked to import interests and foreign governments with the purpose of making Argentina "modify its current policy of industrial protection".

"We express our full support to government policies which defend national industry, employment and creation of new jobs," said the joint statement from GCT and CAEM, Argentine Chamber of small and medium companies.

During the recent Mercosur presidential summit in Asunción, junior members Uruguay and Paraguay openly complained about the barriers imposed by Argentina on the imports of goods and services which are contrary to the group's charter and are hindering the two smaller economies' trade.

The Argentine delegation headed by President Cristina Fernandez de Kirchner argued that import restrictions are necessary to promote economic activity which has fallen because of the global crisis that also threatens employment.

Cut out from international money markets because of the hold-out bonds and distanced from multilateral organizations (such as the IMF), which the Kirchner couple administrations blame for Argentina's 2001/02 melting of the economy, the country desperately needs trade surpluses.

With this objective Argentina has imposed import licenses with the only purpose of slowing purchases of goods and services, thus managing scarce international reserves.

Brazil which considers Argentina a "strategic partner" has partly accepted the argument, or rather the situation confronted by Argentina, but has made it quite clear that it will not accept that the "Brazilian imports vacuum" is covered by other suppliers (mainly China).

Mercopress

Who's Online

We have 5548 guests and no members online

Statistics

Users
2
Articles
17073
Articles View Hits
119262594

----------

Choosing brazilian hair weave for perfect hairstyle at BestLaceWigs.com

----------

Find fashion dresses online at factory price on 27Dress.com

----------

cheap cocktail dresses

----------

Brazilian Male Enhancement Review at Breastsenlargementreview.com

----------

Brazilian Breasts Enlargement Cream

----------

Brazilian Top Breast Enlargement Reviews

----------

Brazilian Male Enhancement Pills at Breastsenlargementguide.com

----------

bruidsmeisjes jurken

----------

vestidos de noche

----------

ballkleider

----------

Cheap Prom Dresses

----------

Churrasco Equipment and Brazilian Meat Skewers

----------

Vestidos Noiva em Weddingmart.pt

----------

Australia Fashion Online Outlet store

----------

Robe de cocktail

----------

Our good partner Everbuying.com provides wide selections of products at best price for worldwide free shipping.

----------

Cheap Dre Beats

----------

Buy Cheap Nike Mercurial Soccer Cleats from MercurialCity now!

----------

Shopping Reviews

----------

Ad Link I

----------

Check dhgate.com for Brazilian Hair Extensions

----------

EssayDue.net - professional writing help

----------

Visit Ibuytermpapers.com to find expert academic writing tips

----------

Choosing brazilian products online at Milanoo.com

----------

DinoDirect

----------

Get free MajorElectrico writing tips for editing your academic papers.

----------

Join my student groups to get access to free writing templates and samples.

----------

Finding brazilian products from Milanoo Fashion

----------

robe de cocktail

----------

Cheap Wedding Dresses

----------

bruidsjurken

----------

Find Me Handbags

----------

Wholesale Handbags Blog

----------

Submit Articles to Google Website List

----------

Brazilian Eyelash Treatment at Search Wholesale Handbags

----------

Brazilian Tested Lash Growth Serum at Wholesale Handbags Purse

----------

Chinese Wholesale Handbags

----------

Vestidos Noiva em Weddingmart.pt

----------

USA Wholesale Handbags

----------

Brazilian Eyelash Enhancer at Find Wholesale Handbags

----------

Soccer shirt

----------

The best mother of the bride dresses at TidebuyBridal.com

----------

Cheap human hair wigs at ishowigs.com

----------

cheap prom dresses at JDdresses.com

----------

Special Occasion Dresses

----------

Churrasco Catering and Churrasco Skewers

----------

brautjungfernkleider

----------

Australia Fashion online Outlet

----------

read more about Writing-Expert.com writing service

----------

Brazilian Cheap Handbags and Purses at Baginc

----------

Submit Website & Articles to Bing Web Directory

----------

Get Me Earrings

----------

Wholesale Clothing On Sammydress.com

----------

Brautkleider 2013

----------

Global Online shopping with free shipping at Handgiftbox

----------

Search