Tool to Protect Argentina from Brazilian Invasion Pleases Lula and Kirchner

Despite complaints of Brazilian entrepreneurs, the Presidents of Brazil, Luiz Inácio Lula da Silva, and Argentina, Néstor Kirchner, consider that the bilateral safeguard agreement between both countries, called the Competition Safeguards Mechanism (MAC), strengthens the Mercosur.

According to a note issued by the Press Service of the Brazilian Presidency, Kirchner called Lula to celebrate the success of the negotiations within the estimated deadline (January 31st).

Kirchner said that the agreement represents a message of optimism for the future of the Mercosur. Lula expressed his satisfaction with both countries demonstration of improvement in the political, economic and commercial arenas.

Lula reiterated that the progress in the relationship between the two countries contributes for the integration of South America.

The safeguard mechanism had been proposed by Argentina in 2004. The country affirms it needs such a tool to protect its local industry from an "invasion" of Brazilian products.

ABr

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Your email address will not be published.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 to Export 3 Billion Liters of Ethanol This Year

The Arab Brazilian Chamber of Commerce is participating in the International Ethanol Workshop today, ...

Ah!Mazon

Located in the northwest of Brazil, Roraima, which was upgraded from territory to state ...

Job Is Brazil’s Biggest Worry Now

Brazil’s CNT/Sensus survey released today indicates that job creation is what most worries 48% ...

Best-seller Books, Plays and Movies

As Josimo approaches Augustinópolis he remembers his friends’ repeated warnings. “For God’s sake drive ...

Middle East Woos Brazilian Entrepreneurs

The negotiations between entrepreneurs from Brazil and importers and exporters from Iraq, Jordan, Lebanon, ...

Brazil’s Businesses (526 of Them) Discover the Arab World

While Brazil’s President Luiz Inácio Lula da Silva visited the pyramids of Giza at ...

Brazil Finalizes Preparations for Arab-South America Summit

Brazil’s Minister of Foreign Affairs, Celso Amorim, participated in a meeting on March 26 ...

Florida’s Jeb Bush Joins Brazil in Promoting Ethanol in the Americas

At a press conference today, Florida governor Jeb Bush; Roberto Rodrigues, former Brazilian Minister ...

Sí£o Paulo, Brazil, Launches “One More Day” Program for Tourists

The city hall of São Paulo, the largest business center in Brazil, wants to ...

Elections keep the status quo

Brazilians are going to the polls for the runoff election November 15. But for ...