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Brazil


Mexico’s president favor trade deal with Brazil
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.
Agreement between MERCOSUR and EU becomes a priority
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)
Obama touts trade in meeting with Brazil official
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.
Federation one step closer to benefiting trade agreement with Brazil
The Federation of St Kitts and Nevis has received approval from CARICOM to enter into trade negotiations with Brazil
Brazil’s Lula urges closer Saudi economic ties
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.
Look to Brasilia, Not Beijing
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.
Sustaining global solidarity after Gaza
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.
A way forward for hemispheric trade
The existing US strategy of hemispheric trade expansion has reached a point of diminishing returns and a new course must be pursued
Forget Mercosur, sign trade accord with EU says Brazil industry
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 “is virtually fractured” Uruguay admits openly
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, US draw nearer to bilateral tax treaty
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.
Argentina’s protectionist policies alienate Mercosur partners
As was anticipated Mercosur senior members Argentina and Brazil proposed Friday an increase of the common external tariff, (AEC) for certain products, and as was expected junior members Uruguay and Paraguay rejected the idea.
Third Tri-Nations Summit for Small Business Development Inaugurated
With the aim of enhancing co-operation between India, Brazil and South Africa in the field of Small Industries, the Third Tri-nation Summit for Small Business Development began in Faridabad. Inaugurating the Summit the Union Minister of Micro, Small and Medium Enterprises Shri Mahabir Prasad raised hope that the summit will help the small industries of IBSA countries to meet global challenges.
Trade Talk
Last month, captains of industry from India, Brazil and SA (Ibsa) descended on the Indian capital for the third summit of the Ibsa Trilateral Business Council.
Trilateral trade surging, but economic relations still well below potential
The figures are undoubtedly impressive. A total combined gross domestic product (GDP) in purchasing power parity (PPP) terms of more than $5,28- trillion, or 8% of the total global PPP GDP of over $65,6-trillion. A total population of more than 1,39-billion people, or just under 21% of the global population of more than 6,7-billion. These numbers show the combined weight of India, Brazil and South Africa (Ibsa), the three member countries of the Ibsa Dialogue Forum.
IBSA: Connectivity will ensure the way forward
Can India, Brazil and South Africa (IBSA) together make more money than they can spend? This was the fervent of the South African High Commissioner Francis Moloi at the third IBSA Business Summit 2008 that recently took place in New Delhi. Considering the three countries lie in different continents, connectivity is a major issue. In fact, integrating the three economies may be the ideal way to combat the global downturn.
’South-south cooperation a viable strategy’
Developing countries have talked of the philosophy of South-south cooperation for development for a very long time. A number of initiatives was launched during the 1960s and 1970s. However, progress was modest because of lack of resources and institutional weaknesses in developing countries. With the emergence of countries like Brazil, India and South Africa in this millennium with considerable capabilities and collective development experiences that South-south cooperation has begun to be seen as a viable strategy.
IBSA nations set trilateral trade target of $15 bn
Reflecting their growing economic ties, India, Brazil and South Africa (IBSA) have set an ambitious trade target of $15 billion between the three countries by 2010.
Financial crisis top on agenda at IBSA summit
When leaders of India, Brazil and South Africa meet next week for their annual trilateral summit, the one issue on top of their minds will be the unfolding financial crisis.
IBSA meet to talk trade on Oct 13
Business leaders from India, Brazil and South Africa are meeting here on October 13 to deliberate on trilateral trade co-operation and will also discuss issues related to tourism and student exchange programme.