Brazil and Mercosur Sweeten the Deal for EU

In an attempt to reach an agreement with the European Union before the October 31 deadline, Mercosur has presented the EU with an improved proposal that, according to an official note from Brazil’s Foreign Ministry, expands market access for the EU in the areas of agriculture, industry, investments, services and even government procurement.

The latter two areas, services and government procurement, are considered
sensitive by Brazil.


Even so, the new proposal offers greater access in the telecommunications and
financial segments.


As for government procurement, according to the note: “the Brazilian
government seeks to preserve its industrial and social policies while granting
the possibility of preferential treatment for European suppliers.”


According to the ministry, the new proposal “is an important advance in the
negotiations” for a free trade agreement between the two economic blocks and
shows that Mercosur is fully engaged in seeking a rapid and successful outcome.


In return, says the note, Mercosur expects expanded and immediate access for
its farm goods to the EU market. That such access is constant and can be further
expanded in the future.


And, finally, that Mercosur services providers can obtain access to the EU
market.


Translator: Allen Bennett

Tags:

You May Also Like

Brazil’s Foreign Debt Falls US$ 9.7 Billion. It’s Still US$ 183 Bi.

Brazil’s foreign debt closed out the month of August at US$ 182.62 billion, down ...

Brazil Hosts Over 100 Environment Ministers for Global Eco Conference

Beginning Monday, March 13, two meetings sponsored by the United Nations in Curitiba will ...

Brazil Plays Catch Up in the Wood Industry Investing in Education

The wood sector in Brazil is in expansion mode. Exports of the forest-based sector ...

Brazil Keeps Sending Aid to Tsunami Victims

In the next few days, Brazil’s humanitarian aid to the countries victimized by the ...

Industry Leader Warns that Brazil Needs to Invest More

Brazil’s industrial production will have a lot of space in which to grow this ...

Brazil’s Foreign Affairs Are Blossoming

The Brazilian Export Promotion Agency (Apex/Brasil), linked to the Ministry of Development, Industry, and ...

With 2 Fairs, in Germany and the US, Brazil Organics Are Starting 2010 Well

The main markets for Brazilian organic products abroad are Germany, France, the Netherlands, the ...

You Can’t Have Peace With One Billion Hungry People, Brazil’s Lula Tells UN

Brazilian President Luiz Inácio Lula da Silva addressed the third meeting of the United ...

Back home

I’m visiting Brazil after a long time away. As a tourist with saudade in ...

Best in 10 Years for Brazil Companies

Brazilian companies’ profits will reach record levels this year, the best since 1994, according ...