Brazil
While Brazil was one of the chief Latin American architects of the defeat of the FTAA, its economic policy has, in many cases, been favorable to the signing of FTAs. Given its dominant position in Mercosur and on the continent in general, it has focused its efforts on reaching such agreements within the institutional forums of which it is a member.
Mercosur in particular is actively involved in seeking negotiations with India, Central America, the Southern African Customs Union, and Algeria.
In many cases these trade agreements are being pursued as part of the administration’s policy of expanding markets for agrofuels (ethanol).
At the same time, Brazil is carrying on negotiations with India and South Africa, with which it makes up the strongest economic bloc of Southern countries within IBSA, creating tensions within Mercosur.
In March 2011, Brazil signed an Agreement on Trade and Economic Cooperation (ATEC) which many analysts see as a first step towards an FTA. Since 2010, Brazil has also been pushing for an FTA with Mexico.
last update: May 2012
Articles
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13-Oct-2015 Sputnik Brazil eager to start talks on free trade zone with EEU
Brazil hopes to commence negotiations on creating a free trade zone with the Eurasian Economic Union (EEU) and the issue is already on the agenda of the Mercosur countries -
14-May-2015 República Brasil firmará un TLC con China
Brasil espera la llegada del primer ministro chino, Li Keqiang, la semana próxima con un menú ambicioso: discutir una nueva generación de inversiones del país asiático en infraestuctura y comenzar a sondear las posibilidades de un tratado de libre comercio. -
23-Apr-2015 Lexology Brazil has signed Investment Cooperation and Facilitation agreements with Mozambique and Angola
The ICFAs open a door to arbitration, providing an alternative to the local courts, but State-to-State, not investor-State. -
20-Apr-2015 Global Arbitration News Brazil signs new bilateral investment treaties with Mozambique and Angola: new approach to BITs or “toothless lions”?
On 30 March 2015, Brazil and Mozambique entered into a treaty, which they call the Agreement for Cooperation and Investment Facilitation. On 1 April, Brazil and Angola entered into an agreement of the same nature. -
27-Feb-2015 EconoMonitor Are mega-trade agreements a threat to Brazil?
Bilateral trade agendas with both US and EU may become a way for Brazil to mitigate the negative potential impacts of TTIP and TTP, argues a former World Bank official. -
11-Dec-2014 EurActiv Le Brésil rêve d’un accord de libre-échange avec l’UE
Selon un sondage, les entreprises internationales estiment qu’un accord de libre-échange avec le Brésil devrait être la priorité de la nouvelle Commission de Jean-Claude Juncker. -
14-Nov-2014 BUSBC US Chamber strengthens commitment to US-Brazil relationship
The Brazil-US Business Council today signed a Cooperation Agreement with the Brazilian National Confederation of Industry (CNI) to conduct studies on a potential trade agreement and report back to both governments on their findings. -
6-Nov-2014 ANBA Brazil faces challenges in international trade
According to Demétrio Magnoli, Brazil must become a member of trade blocs to avoid isolation, but the ideological view of the Brazilian Workers Party prevents this. -
18-Sep-2013 IB Times Bilateral trade agreement on ice as Brazil’s Dilma Rousseff cancels US visit
Dilma Rousseff cancels visit and mutual trade pact on revelations that US’ National Security Agency hacked into presidential emails -
12-Aug-2013 KEI Online Brazil reaches out to EU for trade deal
Brazil’s rising prosperity has led it to consider pushing for its own trade deal with the EU, after years of struggling to reach one alongside its neighbours. -
25-Apr-2013 Folha de S.Paulo Brazil admits postponing free trade with Argentina
The Minister of Development, Industry and Foreign Commerce, Fernando Pimentel, suggested that Brazil could postpone the date the auto parts and automobile free trade agreement between Brazil and Argentina will become effective - the scheduled date is July. -
25-Jun-2012 Brazzil Mag Brazil signing currency swap agreements with all BRICS countries
Brazil and China have agreed to pay for trade transactions in local currencies (the real and the yuan or renminbi). The currency swap agreement will be backed by US$ 30 billion (R$60 billion or 190 billion yuans). -
9-Dec-2011 ACP ACP Group and Brazil make ‘historic’ step towards closer South-South relations
The African, Caribbean and Pacific Group of States (ACP Group) and the Federative Republic of Brazil today signed a landmark agreement to build South-South solidarity through enhanced technical cooperation and dialogue between the two parties. -
22-Mar-2011 Kirk says US-Brazil accord will ‘open the doors’ of constrained market
The trade and economic cooperation deal signed by the US and Brazil will open a constrained market and help reach the administration’s goal of doubling exports by 2015, US Trade Representative Ron Kirk said. -
21-Mar-2011 Bloomberg US, Brazil sign trade, economic agreement as Obama visits
The US and Brazil signed a trade and economic cooperation agreement which is considered "among the first steps on the road to a free-trade agreement". -
19-Mar-2011 Reuters Obama to announce framework trade deal in visit to Brazil
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. -
22-Feb-2011 Economía Petróleo do pré-sal, um dos alvos da visita de Obama ao Brasil
Um dos acordos em estágio mais avançado e com maiores de chances de sair do papel é o TIFA (Trade and Investment Framework Agreement – em português acordo de sistema de comércio e investimento) -
15-Jul-2010 RT Brasil y la UE buscan TLC con Mercosur
Brasil y la Unión Europea (UE) se proponer llegar a un Tratado de Libre Comercio entre el bloque europeo y el Mercosur. -
27-Apr-2010 Xinhua Brazilian president calls for FTA between Mercosur, CARICOM
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). -
22-Feb-2010 iStockAnalyst Brazil, Mexico may launch FTA talks next week
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.
