US President Obama hopes to lay the groundwork for more trade with Brazil when he visits there this weekend, with announcements of a framework for negotiating future trade deals and a new round of US-backed financing for American companies bidding on Brazilian projects, foreign trade sources said Thursday.
One of Mexico’s opposition parties, the Party of the Democratic Revolution (PRD), has vowed to vote against a potential free trade agreement (FTA) with Peru, Colombia and Brazil on the grounds of food sovereignty, national public health, as well as food and plant sanitation.
The governments of Mexico and Brazil will begin formal negotiations on Feb. 28 to reach a free-trade agreement, newspaper Reforma reported.
South Korean Prime Minister Kim Hwang-sik, who was in Brazil to attend the inauguration ceremony of President Dilma Rousseff, emphasized the need to begin FTA negotiations with Mercosur.
Member nations of Mercosur will seek to boost economic and political ties with Cuba in a bid to make the communist island an associate member of the South American trade bloc.
Experts say a deal with Mexico could provide important access for Brazilian products to the US and Canadian markets through the North American Free Trade Agreement.
Brazil and Mexico said on Monday they would start talks toward a bilateral trade deal in a bid to draw Latin America’s top two economies closer together.
Both Brazil and the EU find themselves in a bit of a fix on the question of accommodating Mercosur within their bilateral relations.
Brazilian President Luiz Inacio Lula da Silva said on Wednesday he will promote negotiations on a free trade agreement between the Central American Integration System (SICA) and Mercosur, where he will take the interim presidency.
Brazilian President Luiz Inacio Lula da Silva on Monday called for a free trade agreement between the four-member bloc Mercosur and the Caribbean Community (CARICOM).
Fatima Mello of the Brazil Network for the Integration of Peoples worked with other civil society groups across South America in order to bring down the proposed Free Trade Agreement of the Americas. Here she discusses the campaign and lessons learned:
Civil society and public health groups from India, Brazil and several other countries today vehemently objected to the proposed India-European Union Free Trade Agreement (FTA).
In light of the meeting with members of the International Trade Commission of the European Parliament, scheduled for April 9th at the office of the Brazilian Interdisciplinary AIDS Association, the Working Group of Intellectual Property (GTPI) decided to promote a on-line petition (in Portuguese and English) as form of protest against the negotiations of the Free Trade Agreement (FTA) between India and European Union.
King Abdullah and the Brazilian president agreed to work intensively to wrap up talks towards the signing of a free trade agreement between Jordan and the Mercosur trade bloc, which comprises several Latin American countries, including Brazil.
Brazilian president Luiz Inácio Lula da Silva and his Development, Industry and Foreign Trade minister Miguel Jorge announced in the Middle East that Brazil and Argentina have already agreed to negotiate a free trade agreement between the Mercosur and the Palestinian National Authority (PNA).
Brazilian President Luiz Inacio Lula da Silva and his Mexican counterpart Felipe Calderon may officially launch negotiations for a free trade agreement at a bilateral meeting in Cancun, Mexico next Tuesday, Lula’s spokesman said Friday.
Brazil mentions the possibility of putting aside the subject of agriculture for the moment, since “the central problem of eliminating agricultural subsidies can only be resolved with a global plan” at the World Trade Organization.
Mexico’s government aims to sign a free-trade agreement with Brazil by the end of President Felipe Calderon’s administration in 2012, said Rogelio Granguillhome, head of economic relations at Mexico’s Foreign Ministry.
The decision by Brazil’s House of Representatives last week to approve a free trade agreement for Israel with Mercosul, the South American free trade area, could have enormous economic consequences for the Jewish state, a member of the delegation traveling with Peres has told reporters in the president’s entourage.
Israeli President Shimon Peres should have answers to the Palestinian issues during his Latin American sojourn if he aspires to strengthen ties with them, particularly, in light of growing opposition in Brazil over the ratification of Mercosur-Israel FTA. A Parliamentary Commission on Foreign Relations and National Defence has recommended to the Brazilian parliament in September not to ratify Mercosur-Israel FTA until “Israel accepted the creation of the Palestinian state on the 1967 borders”.