Without North-South Accord Poor Will Get Poorer, Says Brazil’s Lula

Brazzil Magazine covers

Speaking at a seminar on business opportunities in Brazil, Brazilian President Luiz Inácio Lula da Silva warned that if there is no agreement between rich nations and poor nations on trade disputes, it will not be possible to achieve the Millennium Goals.

Over 100 businessmen from 28 countries participated in the seminar, "Brazil and Partners: Investment Opportunities," where the focus was on the Brazilian economy and social programs, international integration and perspectives for 2006. It was the seventh such event sponsored by the Brazilian federal government.

Lula told the audience that he had spoken by telephone with British Prime Minister, Tony Blair, to suggest a summit of G-7 and emerging nation leaders in order to work out a solution for the gridlock in international trade negotiations, especially the impasse on farm subsidies.

Lula said that if world leaders are committed to a more just world marketplace, where poor nations can sell their goods, there must be progress in World Trade Organization negotiations.

"Otherwise, the poor will get poorer, the rich richer, and the Millennium Goals project to reduce poverty and hunger worldwide will fail," said Lula.

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

Ireland’s JetBird Increases to 53 Number of Brazilian Embraer Jets Ordered

Dublin-based air taxi operator JetBird confirmed three options for the Phenom 100 jet manufactured ...

Brazzil Magazine covers

Brazil Refuses to Be “Mere Coffee Drinker” at G-7 Meetings, Says Minister

Governments of the main emerging nations decided this Friday, November 7, to coordinate their ...

Brazzil Magazine covers

Brazil Puts an End to an Era of Free Water

Historically Brazil has never had water charges. However, three years ago water charges were ...

Brazzil Magazine covers

Buying Fever by Brazilians Abroad Is Offset by Foreign Direct Investment

Brazil posted a record-high current account deficit in 2011 on rising profit remittances by ...

Brazzil Magazine covers

Finance Minister Expects 4.5% Growth in Brazil’s GDP

Brazil’s Minister of Finance, Guido Mantega predicts that the Gross Domestic Product (GDP), which ...

Brazzil Magazine covers

San Francisco Offers Rare Glimpse Inside Brazilian Music in Documentaries

Yerba Buena Center for the Arts (YBCA) in San Francisco  will screen this month ...