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:

You May Also Like

IADB Ends Week-Long Meeting in Brazil, Vowing More Loans for LatAm’s Infrastructure

The 47th Annual Meeting of the Inter-American Development Bank (IADB) ends today, April 5, ...

Six Youngsters Massacred in Brazil, Again. Police Are Suspect

One week after seven minors were killed and dismembered in a Rio de Janeiro ...

Like Brazil’s Centenary Niemeyer Fidel Says He’ll Keep on Working

With a letter – the contents of which were broadcast on Cuban TV – ...

Brazil’s Petrobras Has Ambitious Plans for Oil Drilling in Angola

Brazilian state-owned oil company Petrobras plans to increase its participation in petroleum exploration in ...

Brazil Sends 18 Tons of Food and Medicine to Asia

Brazil’s Red Cross is receiving donations to help the victims of the tidal wave ...

Norway Firm to Help Bridge Digital Gap in Brazil

Norway-based Nera, a global provider of wireless and satellite communications solutions, has been selected ...

Airport Chaos in Brazil: Plane Crews and Counter Workers Abandon Posts

Despite the help of the Brazilian Air Force, which is leasing eight of its ...

Brazil’s Favela Sounds Promise Hot Season in London

Music from the favelas near the Queen’s home at Buckingham Palace? It may sound ...

Brazil: Churrasco Is No Barbecue

Churrasco is a culinary tradition in Brazil. It is composed mainly of top quality ...

All the Americas in Brazil Drawing Plans for Bird Flu War

Luiz Carlos Guedes Pinto, the executive secretary at the Brazilian Ministry of Agriculture, says ...