Brazil: Lula, Kirchner and Chí¡vez in a Rush to Integrate

Upon his arrival at the South America – Arab Countries Summit, Brazil’s special presidential adviser on International Affairs, Marco Aurélio Garcia, said that Presidents Luiz Inácio Lula da Silva, Nelson Kirchner, from Argentina, and Hugo Chávez, from Venezuela, expressed their desire at a meeting yesterday for the integration process among the three countries to proceed more quickly.

According to Garcia, this was made clear in the area of petroleum.


“A concrete announcement was made of the desire to accelerate Brazilian investments in Venezuela in areas of exploration and to accelerate the installation of a Petrobras – Brazilian Petroleum S.A. – refinery, with Argentinean participation, in Northeastern Brazil, as well as to examine with haste the program of gas exploration by companies from the three countries,” he disclosed.


Besides this area, Garcia said that Chávez demonstrated interest in establishing financial or development instruments in the region.


According to Garcia, mechanisms will be studied, ranging from the creation of development banks in the region to the utilization of instruments that already exist, in order for processes of financing to become more agile.


Chávez shared Lula and Kirchner’s concern with social questions. His suggestion was to set up a social support fund that could help the countries that face the greatest difficulties in the region.


Agência Brasil

Tags:

You May Also Like

Enrique V. Iglesias

Brazil Can Learn with Iglesias How to Take the Leap into the Future

Although younger than the Argentine Raúl Presbisch, the Brazilian Celso Furtado and the Chilean ...

A street reserved for camelôs, street vendors, in Brazil

Brazil: More than Half of Sí£o Paulo Population Buys Pirated Products

Music, film and publishing industries from around the world lose billions of dollars annually ...

The Lowdown on Brazil: Country Gets First Trade Deficit Since 2001

January brought Brazil its first monthly trade deficit in almost eight years as exports ...

Brazil’s Petrobras Tells Central Bank: ‘Mind Your Own Business’

Brazilian shares rose, to end the week on an up note ahead of next ...

Brazil Blames US’s and EU’s Stinginess for Environmental Conference Failure

Brazil participated Monday, February 6, in the final day of the Special Session of ...

Brazilian Market Grows with an Arab Zest

Ever since it’s inauguration in 1991, the Emporium São Paulo supermarket chain, founded by ...

Brazil May Miss Export Target Due to Heavy Rains and Low Oil Prices

Brazil may not reach its US$ 202 billion export target for this year due ...

Brazilian Gol Flies 32% More People and Gets Help from Weak Dollar

Brazilian Airline Gol saw a demand on it route network grow by 32.1% in ...

Brazil: Unions Pass the Hat to Pay Lula’s Fine for Violating Electoral Law

The Superior Electoral Tribunal of Brazil, the TSE, again fined Brazilian president Luiz Inácio ...

Brazilian Industry Urges Bilateral Agreements with US and EU

Due to the impasse in the Doha Rounds of trade negotiations, bilateral and regional ...