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:

Ads

You May Also Like

Brazil Plans to Create 9 Federal Universities and 41 Campuses

Brazil expects to have 700,000 more students enrolled in higher education in 2007. This ...

Lula, Left of the Third Way

American influence in Brazil has been massive. Brazilian president recent trip to Europe was ...

Best-seller Books, Plays and Movies

By Brazzil Magazine Os Monólogos da Vagina (The Vagina’s Monologues)—Comedy. Written by Eve Ensler, ...

With US$ 6.5 Billion in Foreign Investment Brazil Breaks Record

According to the Brazilian Central Bank (BC), foreign direct investment (FDI) in Brazil should ...

Almost 1 million Brazilians Stop Receiving their Family Allowance

Over 700 thousand Brazilians have lost their Bolsa Família (Family Allowance), a monthly voucher ...

Social Forum Starts in Venezuela, But Brazilians Have Seized the Agenda

This is the first time that more activities for the World Social Forum, which ...

Rio Slum Taken from Druglords Gets a Two-Mile Cable Car System

Brazilian president Dilma Rousseff inaugurated a cable car system in the Rio slum of ...

Seu Lunga: This Brazilian Celebrity Won’t Forgive a Stupid Question

Going through a text about the Turkish folktales of Nasredin Hodja with one of ...

Daniela Mercury

Brazil’s Mercury Rising

Daniela Mercury, the "Queen of Axé" broke into stardom at the beginning  of the ...

Obama, Lula & DC Rally Tackle Today Sean Case, the US Boy Abducted to Brazil

A rally to raise awareness of the Sean Goldman case and Brazil's lack of compliance ...