• Categories
  • Archives

Another Step into Brazil-Latin America Integration

“A ten-year-long dream that finally came true,” was the way Minister of Foreign Relations, Celso Amorim, described the agreement signed yesterday by Mercosur and the Andean Community (Comunidade Andina de Nações) (CAN).

The agreement will promote Latin American integration, not only in trade, but also in the areas of investment and scientific and technological cooperation.


The announcement of the agreement was made at the 13th Ministers Council Meeting of the Latin American Integration Association (Aladi).


It will establish a connection similar to that which exists between Mercosur (Argentina, Brazil, Paraguay and Uruguay) and Chile and Bolivia, with the Andean nations of Colombia, Ecuador and Venezuela.


The result will be a gradual reduction of import tariffs that will boost regional trade.


Amorim declared that the agreement respects differences and, in that area, can serve as a model for other agreements.


He also commented that by uniting together the member nations will have more bargaining power in international negotiations.


Amorim pointed out that the next step is to begin talks on services and government procurement between Mercosur and CAN.


“It is absurd that we talk about these issues with the European Union and the US, but we do not discuss them among ourselves,” said the Brazilian Minister.


Agência Brasil
Translator: Allen Bennett

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Your email address will not be published.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 Expecting to Produce 43 Million Bags of Coffee, a 32% Jump

Brazilian coffee production may reach 43.5 million bags in the 2005/2006 crop according to ...

Brazilian Feisty Gol Flies Daily to Panama

Brazilian Airline carrier Gol announced that it is starting to operate daily flights between ...

Ukrania Buys Brazilian Meat Again

The Ukranian government authorized once again the importation of fresh meat from Brazil, except ...

Brazil: Spreading Small Business Incubators

After spreading across the main economic centers in Brazil, incubators will now start motivating ...

A Crash Course on Brazil and Its Endless Efforts to Save the Northeast

The twenty-five-watt bulbs in the hotel didn’t emit light enough to read so I ...

Brazil’s Lula Wants to Save President Obama from the Mean Washington Machine

Luiz Inácio Lula da Silva, the president of Brazil, says that he would like ...

Drought and Growth Bring Fears of Blackout and Rationing to Brazil

The Brazilian Energy Minister, Nelson Hubner, denied reports this Wednesday, January 9, that a ...

Brazil Takes 30-Year Biofuel Experience to Energy Summit in the Middle East

The Fiesp (Federation of Industries of the State of São Paulo) is working to ...

US Treasury Secretary in Brazil to Discuss Growth

The Growth Group, consisting of Brazil and the United States, will have a meeting ...

Brazil Offers US$ 11 Million to Help Small Companies that Innovate

In Brazil, the government of the state of São Paulo, the richest in the ...