Brazil Praises Encounter Between Lula and EC President

Brazil’s Minister of Finance, Antônio Palocci, said that the  Janunary 28 meeting between Brazilian President Luiz Inácio Lula da Silva and Durão Barroso, the European Community (EC) president, was one of the most important ones for the Brazilian government in Davos.

“It was important, because it gave a second wind to the continuation of negotiations over a trade agreement between the Mercosur and the EC,” Palocci said in an interview with Radiobrás, the Brazilian government radio network.


Minister José Dirceu, head of the Presidential Civilian Advisory Staff, informed that this agreement is expected to be concluded before the end of the Doha round (the global trade negotiations involving the 148 member countries of the World Trade Organization), in 2006.


Palocci also singled out as important the encounter between representatives of the Brazilian government and foreign investors.


According to him, the gathering will pave the way for new investments in the country.


The government believes that the area that will be most benefitted will be infrastructure, in consequence of the recently approved Public-Private Partnerships (PPP’s) project.


Translation: David Silberstein
Agência Brasil

Tags:

You May Also Like

Brazil Displaces Mexico as Most Attractive for Foreign Investment in LatAm

In a global context of weaker foreign direct investment, FDI, in emerging markets because ...

Brazil: Times Affair Fractures Lula Administration

Brazilian President Lula’s decision to expel the New York Times correspondent has cracked the ...

In Havana, Brazilian President Signs Pact to Explore Oil Off Cuba

Brazilian President, Luiz Inácio Lula da Silva, is in Cuba with a busy agenda, ...

Brazil's bovine meat

Thanks to Russia and US Brazil’s Beef Exports Grow 39%

Brazilian exports of bovine meat yielded US$ 443 million in May, a new monthly ...

Brazil President Taking Two Business Missions to China, One American

Brazilian president Dilma Rousseff’s official visit to China to happen between the 12th and ...

Brazil Builds a Bridge Between Haiti and the Caribbean

Brazil’s Minister of Foreign Relations, Celso Amorim, traveled Sunday, May 15, to Jamaica and ...

Brazil Produces 36.6 Million Tons of Cement, a 6.3% Growth

The Industrial, Commercial and Mining Enterprise Society (Soeicom), owner of cement brand Cimentos Liz, ...

Rousseff and Serra Hide Their Pro Choice Leaning to Win Brazil Presidency

Dilma Rousseff, the woman handpicked by Brazilian president Luiz Inácio Lula da Silva to ...

Brazil’s Sí³crates in England Looking for Past Soccer Magic

It’s the most English of scenes at Garforth Town Football Club in West Yorkshire. ...

Brazil Concerned with Venezuela’s Restlessness But Not Too Much

Brazilian Foreign Minister, Celso Amorim, speaking in Davos, Switzerland, at the World Economic Forum, ...