European Union Lets Brazil Down

    “Below expectations.” That was the initial reaction from Brazil’s Ministry of Foreign Relations (Itamaraty), with regard to the offer presented yesterday by the European Union as part of negotiations for an Inter-Regional Association Agreement with Mercosur.

    The ministry points out that a preliminary examination of the offer found it quantitatively lower than the offer made last May by the EU.


    The new offer, says the note, repeats quotas offered at that time, while introducing new conditions.


    “Consequently, the present offer is seen, in general terms, as below the quantitative levels which were discussed informally at a subsequent meeting in September,” says the note from the ministry.


    However, the note goes on to say that further examination of the offer will be made.


    “A final position by Mercosur will be possible only after a detailed analysis by all member states.”


    The note concludes by reiterating Mercosur’s commitment to continued consultations in order to reach a just and balanced agreement with the EU.


    Such an agreement is described as a strategic element in Mercosur foreign trade policy. It is also described as beneficial to both parts.


    But the note also points out that Mercosur has made large concessions, while the EU has not done the same.


    Agência Brasil

    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    Your email address will not be published.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

    In Paris, Brazil’s Lula Praises France for ‘Total Democracy’

    As France commemorated Bastille Day, Brazilian President Luiz Inácio Lula da Silva once again ...

    Brazil Says More Heads Might Be Cut Due to Amazon Logging Scandal

    Brazil’s Minister of Environment, Marina Silva, said, yesterday, that combatting deforestation in the Amazon ...

    All the Sounds of City of God

    The soundtrack of City of God is a treat. It brings a concise mini-history ...

    Soy shipped from Port of Santos, Brazil

    Brazil Sees Recovery in Its Main Port: Exports Are Up 3%

    Latin America's largest port, the port of Santos in southeastern Brazil, had a throughput ...

    Israel Western Wall

    Israel Still Financing and Promoting Repression in Brazil and Latin America

    Does South American politics move forward in constructing a new continental and global order ...

    Building under construction

    The Perils of Buying Under-Construction Property in Brazil

    With the increasing amount of Brazilian and international property buyers acquiring pre-construction real estate ...

    Brazil Approves VNS Therapy for Epilepsy

    Cyberonics, Inc. announced yesterdat that it received approval from the regulatory agencies in Brazil ...

    Brazilian Minister Rushes to Geneva in Effort to Break WTO’s Stalemate

    Brazil’s Minister of Foreign Relations, Celso Amorim, will travel to Geneva this weekend in ...

    Brazilian Finance minister Guido Mantega

    This Is Old GDP, Says Minister About Brazil’s Just-Revealed Recession

    Brazil's Finance minister, Guido Mantega, when commenting on the Brazilian economy performance in the ...

    Brazil Has Best Month for Jobs in Six Years

    The creation of 229,757 formal economy, on-the-books, jobs in August was the best result ...