New US Ambassador in Brazil Says FTAA Will Have to Wait

The new American Ambassador to Brazil, John Danilovich, said that it is excessively optimistic to think that negotiations to implement the Free Trade Area of the Americas (FTAA) will be concluded by January, 2005, as was initially envisioned. The Ambassador expressed this opinion at a luncheon offered by the American Chamber of Commerce.

“Because of the electoral process in the United States, I believe it is a bit overly optimistic to imagine that the negotiations for the implementation of the FTAA will be concluded by January, 2005. The two governments (Brazil and the US) will spare no effort for this to be achieved, but I still consider the time frame too optimistic.”

Danilovich recalled that Ambassador Peter Algeier, who is in charge of the negotiations on the American side, will be in Brazil in the next two weeks to finalize the agreement, but, in consequence of the elections that will be held in the United States on November 3, he considers it difficult for any agreement to be confirmed.

As for the understandings underway between the Mercosur countries and the European Union to create a free trade area, the Ambassador affirmed that it is “very important” for countries to establish free trade agreements.


“This is so, because, in a general, universal way, free trade is a positive thing, to increase the level of income and quality of life among populations all over the world. So we look favorably on Brazil’s drawing closer to the European Union to encourage free trade with the countries of South America.”

Nevertheless, Danilovich underscored the fact that there is greater urgency in the need to conclude negotiations with the European Union than with the FTAA.


“The visit by the European Commissioner for Trade Policy, Pascal Lamy, to Brazil, where he spent last Sunday with President Lula, illustrates this very well: The Mercosur and the European Union have until next month, when the mandate of the current Administration ends, to conclude the agreement, which has been under negotiation for several years. With regard to the FTAA, there is greater flexibility and no definite deadline.

“The problem I perceive in the negotiations between the Mercosur and the European Union is that they must be over by October. This is so, because, with the change set for October in the European Union’s executive command, this cutoff date must be respected.


“We have the flexibility of reaching an agreement by January, 2005, or not. In the European case, the agreement must be made by October, or else there will be problems,” he concluded.

Agência Brasil
Reporter: Nielmar de Oliveira
Translator: David Silberstein

Tags:

  • Show Comments (2)

  • Guest

    bribetaker
    you got it right!
    Nielmar, are you on the take too?

  • Guest

    The market name is wrong!
    Nielmar,

    The Southern Cone market is named MERCOSUL and not Mercosur, as Brazil is the largest member by all means, and that’s how Brazilians call it ! It’s up to us to call it by its correct name !

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

Brazil’s Death Squads Are the Children of the Slave Traders

Portuguese and Brazilian slave-traders shipped at least four million slaves to Brazil, in contrast ...

France’s Year of Brazil Has Already Increased Brazilian Exports by 17%

According to data from the Brazilian government’s Export Promotion Agency (Apex/Brasil), for the first ...

Brazilian Journalist Wants UN Army to Protect World’s Forests

To declare the world’s forest reserves and hydrographic basins as a humanity world heritage ...

Brazil’s Kepler Weber Builds UAE’s Largest Storage Complex

The Kepler Weber Group, in the construction of storage infrastructure and warehouse equipment sector ...

Brazil’s Sugarcane Industry Wants Import Tariff Cut Done Fast

The announcement by the Brazilian Chamber of Foreign Trade (CAMEX) to postpone a decision ...

Brazil to Get a US$ 33 Billion Trade Surplus This Year

Brazil’s cumulative trade surplus for the year to the first week in November is ...

How Brazil Benefits from Being World’s Most Pentecostal Country

In several Latin American social movements a new reading is emerging of the role ...

Beauty Industry in Brazil Gets Makeover from Hubs Creation

The joining of cosmetics industry in Brazil in production hubs has been giving the ...

Brazil Is the World’s Top Provider of Public Transplant. Still There Are 63,000 in Line.

Brazilian Health Minister, launched Brazil’s National Organ and Tissue Donation Campaign, Friday, September 23, ...

Pssst! Wanna Buy a Brazilian Franchise?

Brazilian franchises will get federal government support to expand to international markets. A group ...