Lula in a Hurry to Set Up a Mercosur Parliament

During the 28th Mercosur Summit Meeting, Brazil, Argentina, Paraguay, and Uruguay discussed the constitution of a fund to finance infrastructure projects.

In order to reduce economic disparities among the countries that form the bloc, the presidents decided to allocate US$ 100 million annually to this fund. The meeting ended Monday, June 20, in Asunción, Paraguay.


Federal Deputy Maninha, who is a member of the Joint Parliamentary Commission on the Mercosur, affirmed that Brazil and Argentina will provide 70% of this amount.


“The fund is an instrument to help in the internal development of each country,” she said.


She also emphasized the importance of strengthening the regional bloc in negotiations with other countries.


“Nowadays the Mercosur is able to conduct various negotiations with other countries, because the four countries are together. With our economies aligned, we can establish balance in a negotiating process.”


President Luiz Inácio Lula da Silva concluded his participation in the Summit Meeting, by calling for progress in the creation of a joint industrial policy to integrate the region’s productive systems.


Lula pledged to help Uruguay, which is assuming the temporary presidency of the bloc for the next six months, in mapping the countries’ trade problems.


Lula also urged the participation of society, entrepreneurs, and lawmakers to strengthen the Mercosur, and he called for agility in the creation of the bloc’s parliament, scheduled for 2006.


ABr – www.radiobras.gov.br

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Your email address will not be published.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

Presidential candidate Rousseff Wants More State Capital in Brazil’s Airlines

Dilma Rousseff, the Brazilian presidential candidate handpicked by president Luiz Inácio Lula da Silva, ...

Brazil Takes Exception to World Economic Forum Report

The Brazilian Secretary of the National Treasury, Joaquim Levy, released simulations today to dispute ...

U.S.A. Calendar

THURSDAY 4 BEVERLY HILLS 10:30 PM – Kátia Moraes at Bokaos (310) 659-1200 BERKELEY, ...

Fear of US Recession Lowers Brazil’s Growth Expectation from 4% to 3.5%

The latest estimate from Brazil’s Central Bank (BC) sees Brazil growing 3.5% this year ...

Brazil: World Forum Discusses Water Use and Misuse

On Friday, November 5, the Rio Grande [do Sul] Press Association (ARI) launched the ...

Brazil’s Petrobras Buying Texas Oil Refinery

The President of Petrobras – Brazilian Oil S.A., José Sérgio Gabrielli, affirmed today, in ...

One Hour of War: That’s All Brazil Has Ammunition for

The National Defense Strategy (END) plan signed by former president Luiz Inácio Lula da ...

Brazilian Jet Delivered to Dubai Comes with High-Speed Internet

Embraer, the Brazilian aircraft manufacturer based in the city of São José dos Campos, ...

Apple Becomes Brazil’s Number One Fruit Export

Apples are the fruit that generated the largest foreign trade revenues for Brazil this ...