Free Trade Starts at Home, Says Brazil

Brazil’s Minister of Foreign Relations, Celso Amorim, said that the priority for Mercosur representatives at this moment is to conclude free trade agreements with other South American countries. He guaranteed that these agreements are on the verge of being signed.

“This matter must be concluded with urgency, to keep our project of South American integration from being upset,” the Chancellor told reporters during a collective interview together with the President of the Commission of Permanent Mercosur Representatives, Eduardo Duhalde.


Amorim and Duhalde had lunch October 7 with Brazilian President Luiz Inácio Lula da Silva.


Duhalde announced that, by the end of the year, the Mercosur should establish a fund to ensure the structural and financial integration of the bloc and, later, to give a final push for the union of South American countries.


The manner in which financial resources will be deposited in the fund has yet to be defined.


“More details on this fund should be provided on Saturday,” said Amorim, referring to a meeting that will be held in Rio de Janeiro of chancellors from the Mercosur member countries.


At this meeting the representatives are also expected to discuss the expansion of trade flows between the Mercosur and the European Union (EU).


President Lula, Amorim, and Duhalde also talked about security in Mercosur trade.


According to Amorim, President Lula gave Duhalde a free hand to negotiate this issue with other countries on Brazil’s behalf.


The Brazilian Chancellor announced that he plans to meet with the present Trade Commissioner of the EU, Pascal Lamy, in Lisbon, on October 20, to discuss relations between the Mercosur and the EU.


Agência Brasil

Tags:

You May Also Like

Brazil’s Carlinhos Antunes Cooks Smorgasbord of Arab, Jewish and Gypsy Sounds

The song is "Lamentos", written by famous Brazilian singer Pixinguinha, but the rhythm coming ...

War of Admen in Brazil May Lead to Lula’s Impeachment

It was adman versus adman in Brazil’s Post Office CPI investigating corruption in the ...

Brazil’s North Boosts Exports by 41%

The year of 2005 was promising for international trade in the north of Brazil. ...

Brazil Accuses US of Lying to the WTO on Amount of Farm Subsidies It Grants

The price of suspending the negotiations of the Doha Round in the World Trade ...

Brazil Drafting Forest Peoples to Protect Environment

Brazil’s traditional populations – Indians, descendants of runaway slaves, traditional fishermen, peasants, and communities ...

American Bush and Brazilian Lula wearing a Petrobras hard hat

With Bush, This Week, Brazil’s Lula Will Be Helper not Beggar, Fox Not Sheep

Lula’s upcoming March 31 trip to Washington may represent little more than a demonstration ...

Brazil’s Votorantim Gets Serious About IT

Votorantim Novos Negócios announces the launch of a new information technology company. The result ...

Currencies Swap Agreement Between Brazil and Argentina Postponed to August

Brazil and Argentina postponed the signing of a US$ 1.8 billion swap agreement that ...

Second-Line Drugs Put Big Burden on Brazil’s AIDS Program

The deputy director of Brazil’s Ministry of Health’s National Sexually Transmitted Diseases and AIDS ...

Brazil-USA: Bumpy Road Ahead

I foresee a deterioration of relations between the Bush administration and Lula’s PT version ...