Brazilian Chancellor in Bolivia Talks About Oil and Soy Interests

Brazil’s Minister of Foreign Relations, Celso Amorim, who arrived in Bolivia yesterday, May 21, said that the purpose of his trip is to make clear the Brazilian government’s interest in long-term cooperation with the Bolivians.

Amorim emphasized that he is not negotiating on behalf of Petrobras and that Brazil is on the lookout for good business deals that are good for both sides.

Today, May 22, the minister has meetings scheduled with the president of Bolivia, Evo Morales, and the ministers of Foreign Relations, Social Security, Government, Planning, Defense, and Rural Development.

The meetings are intended to give continuity to the agreements worked out in Vienna, Austria, at the 4th Latin American-Caribbean-European Union Summit.

Animosity surfaced between the two countries at the Summit as a consequence of the Bolivian president’s declarations about Petrobras, which he said was acting illegally in his country.

The Bolivian decision to nationalize natural gas reserves and assets and its impact on the continent is one of the items on the agenda.

The Brazilian chancellor is also expected to discuss the situation of Brazilian soybean producers in Bolivia. They are afraid of losing their land as part of the agrarian reform announced by the Bolivian government.

According to the National Association of Oilseed Producers (ANAPO), which has its headquarters in the Bolivian city of Santa Cruz de La Sierra, Brazilians account for 40% of the Bolivian soybean crop, which represents 14% of Bolivia’s Gross Domestic Product (GDP).

Agência Brasil

Tags:

You May Also Like

Gol Brazilian Airline Goes Green in Treating Its Waste

Brazilian airline Gol has developed its own program for managing aircraft maintenance waste at ...

AIDS drug Kaletra from Abbott

In Showdown with Brazil Over AIDS Drug Patent, Abbott Blinks First

On June 24, Brazil issued an ultimatum to the Illinois-based pharmaceutical corporation Abbott Laboratories ...

Brazil Helps Put the US and the Middle East to Bed

Brazil’s Pele Nua, based in the southeastern Brazilian state of Rio de Janeiro, produces ...

Brazil and Vietnam Exchange Favors

During his visit to São Paulo, the president of Vietnam, Tran Duc Luong, declared ...

Soybean Is Spreading and Destroying Brazil’s Savannah

A survey by Brazil’s Institute of Socioeconomic Studies (INESC) contends that soybean production in ...

Uruguay Hoping It Will Reach Deal with Brazil on Itaipu at Mercosur’s Summit

Mercosur's presidential summit this week in Paraguay will convene eight South American leaders, announced ...

Brazil Opens New Lines of Trade with Mexico and Italy

At a meeting this Monday, June 12, in the Itamaraty Palace, Brazil’s Foreign Relations ...

Biodiesel plant in the Brazilian Northeast

Brazil’s Restrictive Laws on Biodiesel Are Turning Investors to Europe

Biofuels are in the news and Brazil is consequently taking center stage. As Lula ...

Biofuel Companies in Brazil Sign Cooperation Accord

Brazilian Biofuel projects based on sugarcane farming on irrigated areas in Minas Gerais, Bahia ...

In Brazil Recession Is Already History

The economic recovery has already started in Brazil.  The same is also happening in ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`