Free Trade Starts at Home, Says Brazil

Brazil’s Minister of Foreign Relations, Celso Amorim, said that the priority for Mercosur representatives at this moment is to conclude free trade agreements with other South American countries. He guaranteed that these agreements are on the verge of being signed.

“This matter must be concluded with urgency, to keep our project of South American integration from being upset,” the Chancellor told reporters during a collective interview together with the President of the Commission of Permanent Mercosur Representatives, Eduardo Duhalde.


Amorim and Duhalde had lunch October 7 with Brazilian President Luiz Inácio Lula da Silva.


Duhalde announced that, by the end of the year, the Mercosur should establish a fund to ensure the structural and financial integration of the bloc and, later, to give a final push for the union of South American countries.


The manner in which financial resources will be deposited in the fund has yet to be defined.


“More details on this fund should be provided on Saturday,” said Amorim, referring to a meeting that will be held in Rio de Janeiro of chancellors from the Mercosur member countries.


At this meeting the representatives are also expected to discuss the expansion of trade flows between the Mercosur and the European Union (EU).


President Lula, Amorim, and Duhalde also talked about security in Mercosur trade.


According to Amorim, President Lula gave Duhalde a free hand to negotiate this issue with other countries on Brazil’s behalf.


The Brazilian Chancellor announced that he plans to meet with the present Trade Commissioner of the EU, Pascal Lamy, in Lisbon, on October 20, to discuss relations between the Mercosur and the EU.


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Your email address will not be published.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

Brazil’s Lula Defends Venezuela Against US Attacks

During the meeting with Presidents Àlvaro Uribe (Colombia), Jose Luis Zapatero (government of Spain), ...

Brazilian Indians Offered Alternative to Illegal Mining

Starting the second week of July, the National Indian Foundation (Funai, Fundação Nacional do ...

Brazilians Meira and Castroneves Shine at Dramatic Indy 500

Seven Brazilians had qualified for the Greatest Spectacle in Racing, three in the first ...

Brazilian Market Dips After Record Post-Carnaval High

Latin American stocks were mixed, with Brazilian shares easing lower, as investors locked in ...

New Brazilian Thermal-Electric Plant to Use Carbon Capture Technology

As announced by the Brazilian Development Bank (BNDES) on Thursday, May 21, the project ...

Brazilian Foreign Minister Celso Amorim

Brazil and G20 Vow to Stand Ground Against US’s and EU’s Farm Subsidies

Developing countries are vowing to stand their ground on key principles in deadlocked world ...

Brazil Ready for Varig Shutdown. There Is Even a Secret Contingency Plan.

The Brazilian government is looking for a solution to the Varig problem which will ...

Brazil Has Already Law to Bar Invasion of Chinese Products

Brazil’s Foreign Trade Chamber (Camex) of the Ministry of Development, Industry, and Foreign Trade ...

Brazil Indians Get Land, But They Are Occupied

Last night, during Brazil’s Regional Confederation of Indigenous Nations, in Dourados, in the state ...

No Visas Required as Brazil and South America Create Friendly Community

The twelve countries which make up the South American Community of Nations signed Friday ...