Brazil: European Free Trade Agreement on Track Again

Brazil’s Minister of Foreign Relations, Celso Amorim, reports that Mercosur member-nations have accepted an offer from Portugal to meet with the EU trade commissioner, Pascal Lamy, in Lisbon, on October 20, to continue talks on a free trade agreement.

The announcement was made following a meeting that brought together Amorim and the Foreign Mininsters of Argentina, Rafael Bielsa, Uruguay, Didier Opertti, and Paraguay, Leila Rachid, on Saturday in Rio de Janeiro.

“We will present a short, objective critique of the latest EU proposal,” explained Amorim, adding that although that proposal was considered “unacceptable,” there remained a chance of moving ahead and achieving successful negotiations.


The Minister said work on details for the meeting will get underway this week with special emphasis on what the EU offer failed to do in its last proposal and, at the same time, possible areas where Mercosur can be more flexible should the EU decide to make a better proposal.

The ministers will meet once again next Saturday, October 16, to draw up a final document for the Lisbon meeting.

Agência Brasil
Translator: Allen Bennett

Tags:

You May Also Like

Brazilian Imports Keep Brisk Pace

In the third week of June, Brazil posted a trade surplus (positive balance) of ...

Social Movements in Brazil Unite for the Right of Protesting

Representatives from social movements in Brazil have condemned the charges against 23 activists of ...

RAPIDINHAS

It’s a good bet that President Fernando Henrique Cardoso will close out his second ...

They Own 90% of the Media in Maranhão, Brazil, and Still Accuse Me of Abuse of Power

A coup is being planned in the state of Maranhão: a behind-the-scenes attack on ...

Brazilian Bank Invests Overseas to Win U.S. Markets

Brazil’s National Economic and Social Development Bank (BNDES) made its first disbursement from a credit ...

Brazil Gets Back a Banned Tax Under New Name

CPMF is out, IOF is in. Despite promises from Brazilian President Luiz Inácio Lula ...

Once Again, Brazilian President Calls for a More Democratic UN

The United Nations Organization (UN) must change and cannot remain the same as it ...

In France, This Whole Year, Brazil Is the Word

In 1985 France began a series of Cultural Seasons (“Saisons Culturelles”) which honored foreign ...

Museum Town

By Brazzil Magazine The Words You’ll Need guarda volume = luggage area in stations ...

Brazil Embraer’s Profits Fall Sharply, But Order Backlog Hits All-Time High

Brazilian aircraft maker Embraer had net revenues of US$ 894.1 million in the third ...