Brazil’s Lula Condemns Again US and EU Subsidies

The participants in Brazil’s South America – Arab Countries Summit have gathered not only for the sake of economic and commercial advantages but also to demand the democratization of international organizations, so that the voice of developing countries will be heard.

This affirmation was made by President Luiz Inácio Lula da Silva in his opening speech at the event.


“We can trace new routes in the quest of development, without neglecting traditional paths, but with autonomy, creativity, and audacity.


“This effort will only be rewarded if we can transform the fruits of development into effective instruments for the reduction of social disparities, the promotion of human rights, and the improvement of democratic institutions.”


According to Lula, there is a need to fortify a political space that will contribute to a world of peace, democracy, and social justice.


The President also referred to the trade subsidies granted by developed countries.


“We are searching for trade that is fair and balanced, rid of the subsidies imposed by the rich countries, and which assures the poor countries the benefits of globalization.


“We want to establish a new relationship of solidary collaboration with international financial agencies, and we are striving for the Mercosur and the Gulf Cooperation Council to be able to conclude an economic cooperation agreement,” he affirmed.


Agência Brasil

Tags:

  • Show Comments (0)

Your email address will not be published.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

Some of the Brightest Brazilian Minds Debate Brazil’s Risks and Promises

LatinFinance’s respected Brazil Investment Forum will debate and examine the question: ‘Is Brazil really ...

Brazil’s Embraer Betting Arab Market Will Take Off

After successful participation in Dubai Air Show, a trade fair for the aviation sector ...

US Media Is Brazil’s Business

Why should Brazil care about cartelization and the end of diversity in the U.S. ...

Arabs and Brazil Keep the Talks and Deals Going

The Arab Brazilian Chamber of Commerce (CCAB), in partnership with the Brazilian Export Promotion ...

Flex-fuel Cars: a Brazilian Mania Wins the World

Cheaper motoring is high on the agenda for most motorists. Combine that with cleaner ...

Sales Jump 1.5% in Brazil. Clothes Up, Books Down

Compared with the previous month, retail trade sales grew 1.8% in March, in Brazil, ...

Brazilian Software Ready to Conquer Arab Market

A group of six Brazilian companies in the field of software hope to win ...

Brazil to Invest US$ 13 Billion in 5 Years in Steel Production

The Brazilian steel industry plans to invest US$ 13 billion in the next five ...

Gol Brazilian Airline Goes Green in Treating Its Waste

Brazilian airline Gol has developed its own program for managing aircraft maintenance waste at ...

Good Job News Not Enough to Cheer Brazilian Markets

Brazilian shares mostly declined, as global crude oil prices closed above US$ 55 a ...