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:

You May Also Like

Brazil Lula’s Family Voucher Is No Charity and Makes Economic Sense

In the results of Brazil’s National Survey of Sample Households (PNAD) there is an ...

The Beast in on the Loose in Brazil’s Backlands

The beast was bored. The very-strong sun was hitting his head and leaving him ...

Varig Airlines is now Gol

Brazil’s Varig Is Now Gol. Tiny Rival Swallows Ex Airline Giant

Brazilian Airline Gol confirmed today that it has bought Varig, a company, which once ...

A320 Airbus from TAM

Brazil’s TAM Adds 6th Plane This Year to Fleet, an Airbus

Brazilian airline TAM just added a new Airbus A320 aircraft to its fleet. This ...

Brazil and France Will Produce Biofuel in Africa and the Caribbean

Brazil and France will develop projects to produce biofuel in African and Caribbean countries, ...

Brazilian Justice Sequesters Varig’s Money to Pay Workers’ Compensation

The US$ 75 million that VarigLog, the new owner of Brazilian airline Varig, deposited ...

In Brazil’s Air Space Obscene Are the Airlines and the Government

There is not a more childish argument than the one just repeated by the ...

Blacks Become Majority in Brazil, But Power Remains with Whites

The news is out. Brazil, with a population of 191 million people, is no ...

Sweat of Your Brow? No, Government Coupons

President Lula da Silva hasn’t read the Bible. Or why would he say, "It ...

Brazil Gets UN Prize for Anti-Poverty Project

At a glittering ceremony February 1st, in Dubai, the Executive Director of the UN ...