• Categories
  • Archives

For Brazil’s Ex-President Cardoso Mercosur Never Took Off Due to Overbloated Ambition

Mercosur Fernando Henrique Cardoso, Brazil’s former president (1995-2003), believes that Mercosur “needs to be reborn but with a real integration spirit among its members” leaving behind such ambitions as the mirror of the European Union. 

“Mercosur got stalled at the start and did not advance much. Why? Simply because of an over-bloated initial ambition: they were thinking in the EU or something like it and we just managed to agree on barriers, a common external tariff, and that’s all” said Cardoso.

“There was no effective integration of capitals, no occupation of the region’s territorial space with investments that could start in one country and continue into others, not even an attempt to create a regional social security fund that would enable labor to move freely,” regretted Cardoso.

Mercosur was launched in 1991 by Argentina, Brazil, Paraguay and Uruguay with the purpose of promoting the free circulation of goods and services among its members. Venezuela is in the process of incorporation while, Chile, Bolivia, Colombia, Peru and Ecuador are associates.

The former president who was one of the lecturers for the Century XXI Council in an event held in Mexico City regretted that Mercosur members with the passing of time have been “locked into  the trade issue”, leaving aside other fields.

“If we really want to reactivate Mercosur we would need a far greater integration effort and not feel satisfied where we stand now”, added Cardoso.

Regarding the current developed countries’ economic hard times, Cardoso said that Latin America overall has managed to overcome the situation in good conditions which he attributed to the experience collected from past crises and taking advantage of globalization.

“High prices for commodities’ exports in most of the region’s countries have helped to put an end to debt problems and accumulate sufficient reserves to face any outside surprises,” underlined the former Brazilian leader.

Mercopress

Tags:

  • Show Comments (1)

  • Lloyd Cata

    The Empire Fears Mercosur….
    …because since the Empire tried FTAA and it ‘failed’, Mercosur is a direct threat to the hegemony of resources in Latin America, such as was done in Africa.

    Mercosur has been ‘deliberately’ subtly sabotaged by Latin American corporatists and capitalists who are still in the pockets of the ‘northern’ institutions.

    It is good that FHC now sees the ‘wisdom’ of having Mercosur. The question is whether HE will work with work ‘constructively’ to see it fulfill its promise and potential for Latin American/Caribbean economic unity and independence.

    Mercosur, along with Banco do Sul, are very important institutions for all those countries who wish to divorce themselves from the “imperial practices” of the New World Order. The most important aspect is Mercosur’s ability to ‘defend’ its members trade practices.

    Do you really think Argentina would have ‘any’ chance of (ha-ha-ha) negotiating a solution to the Malvinas without the “alternate trading organism” such as Mercosur? Mercosur IS the Latin American solution to the economic hegemony of the dollar/euro capitals.

    Good luck, Presidente…I look forward to seeing the RESULTS of your new-found interest in Mercosur.

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Can’t You Hear My Scream?

Pará is the poster state for Amazon destruction, injustice and violence. The last decade ...

Brazil’s Petrobras Gets 2.3 Million Barrels a Day, an 11% Boost

Brazil’s government-owned Petrobras totaled in July an average daily gas and oil production, from ...

Brazil Gets Record Sugarcane Crop, a 14% Growth

Brazil's sugarcane crop grew 13.9% this year, with record production of 571.4 million tons. ...

Robin Sparks in Brazil

I’m Having Fun Trying to Be a Brazilian

I’d been to every country on my list except for one, Brazil. The Brazil ...

Despite Chinese Competition Demand for Brazil Wood Grows Among Arabs

Paraná, in the Brazilian South, one of the leading Brazilian forestry industry manufacturers and ...

International Experts Discuss Sustainable Development in Brazil

The Brazilian Minister of Culture, Gilberto Gil, joined in today’s opening of the 1st ...

Brazil and Cuba: Hugs, Deals and Tears

Brazilian President Lula’s assertion that he would not interfere in Cuba’s internal affairs has ...

Jewish Hospital in Brazil Gets Cutting Edge Radiation Therapy

Brazil’s Albert Einstein Jewish  Hospital has become the first facility  in South America to ...

Lula Ridicules Free Market and Sees Self as Don Quixote Amid Cassandras

Commenting on the international economic crisis during a trip to Rio, Brazilian president Luiz ...