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”.
Brazil’s ambassador to Buenos Aires was summoned to Argentina’s foreign ministry Tuesday amid rising trade tensions between the two South American economic powers.
William Dymond recalls the heady excitement of early 1997. Brazil’s president was bound for Ottawa, and Canada was pushing for a free-trade agreement with South America’s largest country.
“This decision is an enormous blow for Israel’s economy and foreign relations”, says Jamal Juma’ of the Stop the Wall Campaign.
The Brazilian Parliamentary Commission on Foreign Relations and National Defense has recommended that the parliament should not ratify the Free Trade Agreement (FTA) between Mercosur and the State of Israel until “Israel accepts the creation of the Palestinian state on the 1967 borders”.
Presidents Luiz Inacio Lula da Silva of Brazil and Felipe Calderón of Mexico agreed recently to explore the possibility of a free trade agreement as part of a strategy to reduce their dependence on the industrialized world.
Foreign minister S M Krishna will be pay an official visit to Brazil from August 30 to September 1 for co-chairing the 4th India-Brazil Joint Commission Meeting and also for participating in the sixth IBSA Trilateral Commission meeting.
Presidents Luiz Inacio Lula da Silva of Brazil and Felipe Calderón of Mexico agreed Monday to explore the possibility of a free trade agreement as part of a strategy to reduce their dependence on the industrialised world.
Le président brésilien Luiz Inacio Lula de Silva et son homologue mexicain Felipe Calderon ont appelé lundi à une alliance stratégique entre les deux pays, sur la base du libre-échange et de la coopération entre les compagnies énergétiques d’Etat Petroleos Mexicanos (Pemex) et Petrobras.
Mexican President Felipe Calderon says he supports the idea of a free trade agreement between Brazil and Mexico, the two biggest economies in Latin America.
The negotiation of a free trade agreement between MERCOSUR and the UE has
become, for Brazil, a greater priority than the trade liberalization
debates at the World Trade Organization (WTO)
President Barack Obama said on Tuesday he wants stronger ties with Brazil, especially in the commercial area, a top aide and possible successor to Brazilian President Luiz Inacio Lula da Silva said.
The Federation of St Kitts and Nevis has received approval from CARICOM to enter into trade negotiations with Brazil
Brazilian President Luis Inacio Lula da Silva hailed his country’s growing relations with Saudi Arabia and the Middle East on Sunday as he pushed for more trade and investment in the region.
Threats to the global liberal order are usually identified with illiberal states. That’s why China, with its repressive domestic regime and its see-no-evil (unless related to the United States) foreign policy attracts so much attention these days.
In South America, serious pressure is building against the Israel-Mercosur Free Trade Agreement (FTA), threatening to derail it entirely. South American social movements, who have years of experience fighting against free trade, have integrated Palestine solidarity into their general work.
The existing US strategy of hemispheric trade expansion has reached a point of diminishing returns and a new course must be pursued
A leading number of Brazilian businessmen belonging to the country’s powerful National Confederation of Industry, CNI, said it was time to sign a bilateral agreement with the European Union, which would leave out Mercosur
Mercosur presidential summit next week in Brazil has on the table an agenda of several highly sensitive issues that could deepen the rift between senior members Argentina and Brazil and junior members Paraguay and Uruguay, according to Uruguayan parliamentary sources.
Brazil and the United States are closer than ever to signing a bilateral tax treaty, although a similar accord to protect investments in the two countries is a bit further off, officials of both countries said Tuesday.