President Dilma Rousseff quoted in her official speech Thursday (21/05) in Brasilia, the proposed free trade agreement between Mercosur and the European Union (EU), which is awaiting approval of tariff offers. “I would also like to highlight the agreement with the European Union as one of the strategic steps in the international trade area in
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By Enrico Ponzone In his keynote speech at the London stock Exchange attended by EUBrasil (13/05), Mr Levy made an unusual comment for a Brazilian Finance minister: addressing a crowded room of investors, he pointed at “a Brazilian new thrust in global trade through measures of trade facilitation with our EU partners” and also mentioned the “need to
Brazil lost the position of 10th commercial partner of the European Union (EU) to Canada in the first quarter of this year, according to european statistics. Brazilian products imported by the EU represent 1.6% of the total – the lowest level since 2003. The news was published in Valor Econômico (14/05). “Brazil mainly exports commodities
The announcement that the government decided to review the model created by the Lula administration for the oil fields extraction attracted much media attention and generated several articles in the Brazilian press. The requirement that much of the equipment used in the exploration of these fields must be domestically manufactured, turned away private investors and
Brazil has proposed reviewing Mercosur rules so that its members can enjoy more ‘liberty’ to negotiate trade agreements with other blocks or third parties. “There is nothing in the world that reaches such a point that impedes making adjustments and giving countries, such as Brazil a greater degree of liberty to advance in new trade
Rio and São Paulo are not any longer “the center of the universe” in Brazil’s retail: consumer demand growth is migrating from the major coastal cities to the interior and north, according to a report by the Boston Consulting Group. For decades, São Paulo and Rio de Janeiro were the two Brazilian cities with the
The Spanish government explicitly suggested a “pragmatic” option for negotiations between the European Union (EU) and Mercosur: look up for a direct agreement with Brazil and other countries of the Southern Cone block, according to Brazilian financial daily Valor Econômico. In Madrid, in a meeting of entrepreneurs, and next to the vice president of Brazil,
EUBrasil Association promoted on Tuesday 21st of April a meeting with the objective of allowing the orange juice, ethanol and sugar sectors to illustrate some trade barriers between Brazil and the European Union (EU). The negotiations for a Free Trade Agreement between Mercosur and the EU were discussed during the debate. Around 30 participants attended the event.
EU Trade Commissioner Cecilia Malmström said “Brazil plays a key role in the negotiations between the EU and Mercosur, given both its strategic partnership with the EU, and its important place in the Mercosur region”. Her statement was made in reply to a question by MEP Fernando Ruas to the European Commission (EC) on the disposition of
President Dilma Rousseff stressed the importance of the free trade agreement between Mercosur and the European Union and declared that the South American block is ready. Her statement was made during a speech at Business Forum of Americas, which is part of the program of the Summit of the Americas, held in Panama City on
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