Brazilian Banks and Supermarkets Want More Active Voice at the WTO

Brazil’s services sector intends to form a united front and increase its participation in commercial decisions made by the government in trade talks at the World Trade Organization, the Free Trade Area of the Americas and Mercosur.

It has been announced that the sector has formed a "coalition" of some 50 associations (among them, banks and supermarkets).

Mario Marconini, of the São Paulo Commercial Federation (Fecomércio) says the short-term goal is to provide Brazilian negotiators at the WTO meeting in Hong Kong next month with information on sector positions.

"The Brazilian diplomats who do the negotiating are really good. But the problem is that they do not consult with us – and we are the ones who are the most interested parties in these negotiations," explained Marconini.

He adds that the sector could be more open to the international market, pointing out that in the last round, the Uruguay Round, Brazil and Mexico made only one-third of the concessions they could have made.

ABr

Tags:

Ads

You May Also Like

Some Banks Saying Brazil Won’t Grow More than 2.5% in 2005

Brazilian President Luiz Inácio Lula da Silva addressing a business forum in São Paulo ...

Sean Goldman’s Stepfather Tells His Side and Goes Back to Court to Get Boy

The Brazilian family of the American 9-year-old boy Sean Goldman, who returned to the ...

A Chance for You to Choose the Brazil You Like

Until January 30th, the popular vote is open for everyone who is interested in ...

Brazil Is Burning: 1 Million Fires Raging

Compared to last year, the 2004 burning season in the Brazilian Amazon has gotten ...

Brazil on the Verge of Becoming a World-Class Semiconductor Hub

Brazilian authorities announced ambitious plans to establish a semiconductor industry in the Brazilian state ...

Unable to Keep Up with Demand Brazil Sharply Ups Fuel Imports Including Ethanol

Brazilian oil production has failed to keep up with rising consumption, and the country ...

Lula’s Road Is Paved with Good Intentions

The action by Brazilian Finance Minister and Central Bank President is about the only ...

Americans Will Soon Eat Papaya from Bahia, Brazil

The papaya producers in the northeastern Brazilian states of Bahia and Rio Grande do ...

700 College Students from Brazil Going to Venezuela’s World Social Forum

At least 700 Brazilian university students are expected to participate in the World Social ...