Results of the study “Enhancing economic and financial ties between Brazil and the European Union” 09/12/2014

In the networking event Second Friends of EUBrasil, the association released the study “Enhancing economic and financial ties between Brazil and the European Union”, with the results of a survey conducted among the top European and Brazilian companies in the relations between Brazil and EU. The document was delivered, on the same day to European Commission’s president, Jean-Claude Juncker and during the event, to MEP Paulo Rangel, president of the European Parliament’s Delegation for Relations with Brazil.

The document’s content will be released only after being presented to the European Commission. The study was sent to Mr Juncker and Commissioners, including Cecilia Malmström (DG Trade), Margrethe Vestager (DG Competition), Elzbieta Bienkowska (DG Enterprise and Industry), Günther Oettinger (DG Digital Economy and Society), Phil Hogan (DG Agriculture and Rural Development) and Vytenis Andriukaitis (DG Health and Food Safety).

According to the opinion of the companies, which responded to EUBrasil’s questionnaire, despite the consolidated and diversified economic bilateral relations, Brazil and EU should work to improve the access to markets and investments, two areas that still hinder business operations on both sides.

The Brazilian Centro de Estudos de Integração e Desenvolvimento (CINDES) was responsible for compiling the answers and preparing the final document. “I was surprised by the strong support that the European companies continue to lend to the bi-regional negotiations. They wish that the negotiations be concluded, be it in the bi-regional (Mercosur-EU) or in the bilateral (EU-Brazil) track”, says CINDES’s director, Sandra Rios.