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Mercosur moots trilateral FTA with India and SACU
During the triangular IBSA (India, Brazil and South Africa) political summit on September 13 in Brazil, Mercosur is likely to propose South African Customs Union (SACU) and India the creation of a working group to explore the modalities of a trilateral free trade agreement (T-FTA) among them.
Brazil, Portugal foster cooperation MERCOSUR-EU
Brazil requested Portugal to support an agreement between the Southern Common Market and European Union.
Brazil says Mexico may join Mercosur
Brazil Trade and Industry Minister Luiz Fernando Furlan said Monday that Mexico could join the South American trade block Mercosur within a year.
Brazil: “new deal” for Mercosur junior members
Brazil proposed in Montevideo a “new deal” for Mercosur and requested a “credit of confidence” from Uruguay, which has bitterly complained about the group’s functioning and is moving closer to United States.
PM to explore chances of FTAs with Brazil, SA
When Indian Prime Minister Manmohan Singh attends the IBSA (India-Brazil-South Africa) summit in Brazil on September 13, one of the main issues on the agenda is the possibility of a trilateral Free Trade Agreement (FTA) between India and the regional groupings in Latin America and South Africa.
South American Ministers vow to avoid TRIPS-plus measures
The Ministers of Health of ten South American countries issued a joint declaration on intellectual property committing themselves to avoid "TRIPS plus" provisions in bilateral and regional trade agreements, to facilitate the use of compulsory licensing and parallel importing and to avoid broadening the scope of patentability and the extension of patentable areas.
Shifting centres of gravity in Latin America
COPA the Panamanian airline is now flying the Brazilian company Embraer’s E-190 commercial airliners on routes previously dominated by Boeing 737s. This detail highlights broader shifts in the economic balance of power in Latin America away from United States corporations.
India-Brazil-South Africa: The southern trade powerhouse makes its debut
Although India, Brazil, and South Africa share bilateral trade agreements amongst themselves, binding trilateral free trade arrangements between the countries are not an option at the present time because of previously signed multinational agreements involving their neighboring nations.
Shipping pact with Brazil, S. Africa
India announced that it is evolving an agreement in maritime shipping within IBSA (India, Brazil and South Africa) and working out modalities to implement the framework agreement in civil aviation in the region. It cautioned, however, that since Brazil and South Africa were members of MERCOSUR and SACU, there were constraints in working out a trilateral FTA within the IBSA framework.
South America trade zone faces challenges
Mercosur is becoming more of a political body than a free-trade advocacy group.
Clash of visions for Latin America
It’s Bush vs. Chavez as 33 heads of state meet Friday for Summit of the Americas.
Does the FTAA have a future?
The Free Trade Area of the Americas (FTAA) will become a reality only if the United States allows increased market access for Brazilian agriculture and competitive manufactures and if Brazil reciprocates by opening its market to foreign competition in goods and services.
FTAA talks divide Latin American countries
The talks on a future Free Trade Area of the Americas (FTAA) have divided Latin American states into different interest groups prior to the 4th Summit of the Americas to be held in Argentina on Nov. 4-5.
An eye for an eye? Disregarding fairness, disconnecting from the FTAA
Latin American countries have rightly learned to be apprehensive over the domination of the United States, and it is this reluctance that is behind their slowdown over the FTAA.
India-Brazil-South Africa FTA distinct possibility: Govt
Terming an India-Brazil-South Africa (IBSA) Free Trade Agreement as a “distinct possibility”, the Indian government said it is looking at other ways of enhancing trade relationship with the two countries.
Nigeria, Brazil sign bilateral agreements
The relationship between Nigeria and Brazil yesterday took a major leap with the signing of bilateral agreements by Presidents Olusegun Obasanjo and liiz Inacio Da Silva.
The FTAA: A recipe for economic disaster?
As indicated by CAFTA’s ratification, instead of pushing for the enactment of the FTAA, the Bush administration has re-evaluated its strategy, now attempting to build up momentum by establishing separate free trade agreements with the different regions in the hemisphere through a "divide-and-conquer" strategy.
EU hopes to reach free trade agreement with Mercosur in 2006
The European Union hopes to reach a free trade agreement with Latin American trade group Mercosur by May 2006. But some Brazilian diplomats said Brazil wishes to delay the signing of the agreement till the end of the Doha round so as to seek more concessions from the EU on issues regarding agricultural products.
Indo-Brazil business is booming, set to explode
The Government of India has identified Brazil as strategic partner in Latin America and is strengthening relations and expanding cooperation.
Brazil’s Lula, aiming to boost trade with Arabs, hosts summit
Brazilian President Luiz Inacio Lula da Silva opens an Arab-Latin American summit today aimed at increasing commerce between the two regions as he seeks to reduce developing nations’ dependence on the U.S. and European Union.