Thursday, November 29th 2012 - 22:23 UTC

Brazil calls on Argentina to integrate and consolidate world’s fifth largest economy

The presence this week of Brazilian president Dilma Rousseff next to Cristina Fernandez at Argentina’s Industrial Union, UIA annual conference was considered a major integration success and highlights the growing interaction of the two leading Mercosur partners.

Dilma: “together we will be stronger”

In her speech to an audience of an estimated 900 government officials and business representatives from both countries, President Rousseff called to work with “a true bi-national business mentality, leaving behind trade misbalances and thus build a new regional industry which helps consolidate the world’s fifth largest economy”.

“Our only option is more integration and more solidarity between the continent’s two major countries”, said Rousseff who called on industry leaders and politicians from Argentina and Brazil to be “more ambitious” and promote investment and cooperation in strategic sectors such as shipbuilding, auto manufacturing, nuclear and space development, infrastructure and energy, and technology research.

Integration between the two countries needs of a permanent dialogue between government and the business community, insisted the Brazilian president. “Together we will be stronger”.

The UIA conference was convened under the heading of “Argentina and Brazil: integration and development or primary production”. The two countries bilateral trade has soared to almost 40bn dollars and Brazil has become Argentina’s main business partner.

However the relation is not without bumps. Cristina Fernandez promised Argentina would make bilateral trade mechanisms more fluid, including ‘consultation policies,’ and less bureaucratic.

In her speech referred to the issue saying integration means an end to trade obstacles in direct reference to the restrictions imposed by the administration of Cristina Fernandez in an attempt to protect emerging Argentine industries, President Rousseff said they continue ‘to generate disappointment and frustration in Brazil’.

“We must overcome trade misbalances, for which we must build a credit channel to make integration more fluid and effective, and at the same time drop ‘personal rivalries’ so we can play a protagonist role in the world”, said Ms Rousseff.

Cristina Fernandez who closed the UIA annual conference said integration was both a need and a ‘defence mechanism’ against the world crisis. She added that Argentina and Brazil have become a family with ‘its problems’ but at the same time together can turn into the locomotive for regional development.

For the UIA and Argentine diplomacy the attendance of President Rousseff was an unexpected success and a very strong signal since the Brazilian leader will not be going to the Unasur summit on Friday and will be missing the taking office of President Enrique Peña Nieto in Mexico next Saturday.

“It is a clear demonstration that Brazil wants to consolidate its links with Argentina, a strategic relation”, said diplomatic sources surprised by the significant ministers and names of the government and private sector delegation that accompanied the Brazilian president.

Earlier in the week Argentina and Brazilian ministers met to address the different issues that continue to irritate the bilateral relations such as the new auto industry bilateral framework understanding. The Brazilian position, expressed with politeness, has been that Argentina should abandon car manufacturing and concentrate on efficient farming.

However Federal Planning minister Julio De Vido in his speech promised Argentine manufacturers that the government plans to invest 120bn dollars in infrastructure in the next five years to further promote the ‘re-industrialization’ of Argentina.

On textiles it was easier since the two countries have a common enemy: China.

Likewise for Brazil it came as a relief that Argentina seems willing to reach some sort of agreement with the non restructured bond holders, an issue which was becoming increasingly uncomfortable for the administration of Dilma Rousseff given the apparent initial intention of her peer not to comply with the rulings of the US courts.
 

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1 Condorito (#) Nov 29th, 2012 - 10:35 pm Report abuse
“together we will be stronger” - Dilma

Yes, you certainly will be. Not so sure about your partner.
2 agent999 (#) Nov 29th, 2012 - 11:43 pm Report abuse
“The Brazilian position, expressed with politeness, has been that Argentina should abandon car manufacturing and concentrate on efficient farming.”
3 ChrisR (#) Nov 30th, 2012 - 12:14 am Report abuse
Why on Earth would Brasil want anything to do with a deadbeat President like TMBOA and her scofflaw country?

There has to be another agenda going on here, are Dilma and The Mad Bitch an item?

The mental picture of that is enough to make even the strongest of stomachs throw up.
4 Captain Poppy (#) Nov 30th, 2012 - 01:42 am Report abuse
Brazil is in a much stronger position and she sees there is money from something in argentina to be made. I find that last paragraph quite interesting that Dilma was relieved that Asslips seemed willing to reach some sort of agreement with the non restructured bondholders and she was not to keen that asslips was not going to comply with the US Courts. Good to know that Brazil respects the law and apparently sees argentina as deadbeats as well. Of course they were in the same boat but managed their way out rather than default.
5 CJvR (#) Nov 30th, 2012 - 04:01 am Report abuse
Brazil could probably do very good business in Argentina, as long as they don't give the Argies any credit. Same with Venezuela really, there wont be much investment inside Venezuela or Argentina so in addition to markets Brazil also stands to profit from investments that would have gone directly to those countries had they had sane regimes.
6 DanyBerger (#) Nov 30th, 2012 - 05:36 am Report abuse
And noting about UK or some remote farming Islands in the Atlantic...
7 Xect (#) Nov 30th, 2012 - 07:35 am Report abuse
Why would there be Dunny?
8 Idlehands (#) Nov 30th, 2012 - 10:08 am Report abuse
Brazil looks forward to a symbiotic relationship while Argentina plans for a parasitic one.
9 Captain Poppy (#) Nov 30th, 2012 - 11:15 am Report abuse
Likewise for Brazil it came as a relief that Argentina seems willing to reach some sort of agreement with the non restructured bond holders, an issue which was becoming increasingly uncomfortable for the administration of Dilma Rousseff given the apparent initial intention of her peer not to comply with the rulings of the US courts.

And now asslips is sick....again.....freaking die already....you and chubby chavo
10 Brit Bob (#) Nov 30th, 2012 - 11:41 am Report abuse
LOL for poor Argentina down in 27th place but still hanging on to that G20 slot.
11 LightThink (#) Nov 30th, 2012 - 12:11 pm Report abuse
-- Made in Argentina/Brasil-- not enough
should be -- Created in Argentina/Brasil--- !
12 ManRod (#) Nov 30th, 2012 - 12:12 pm Report abuse
“ The Brazilian position, expressed with politeness, has been that Argentina should abandon car manufacturing and concentrate on efficient farming.”

Go working on the fields, you peasants...
Wohoo... what a slap in the face and humilliation Seems Brazil has not the slightest respect and interest in coperation, but just a primitive slave nation to produce most basic food products.
13 Captain Poppy (#) Nov 30th, 2012 - 12:31 pm Report abuse
The whole day was most likely a slapdown for asslips kirchner, is there any wonder she is ill again?
14 briton (#) Nov 30th, 2012 - 07:27 pm Report abuse
These two are very good friends,
So this may well be why they stand by each other,
But is Dilma Rousseff suggesting the two become one big super country,
[argentzil ] or [braztina ] perhaps.

Together they can rule South America,

Some other may object to this meaningless suggestion we belive ..?
.
15 Britworker (#) Nov 30th, 2012 - 08:03 pm Report abuse
Ive just been reading that the Brazilian economy is slowing down rapidly, they are growing less and less year on year. I dont think their economic miracle will transpire and teaming up with that other mad cow is a surefire end to economic prosperity.
16 Captain Poppy (#) Nov 30th, 2012 - 08:43 pm Report abuse
I am more inclined to think that because of the slowing economies, Dilma is trying to subjagate Argentina via political manuevering. Afterall she did suggest the Argentina abandon the auto industry and focus on farming, in diplomatic term s of course......lol. I could hardly ever see asslips ceeding her country to anyone let alone Brazil. Though I do think South America is moving toward the USSA.....lol....or Maybe the Mercosan States of South America
17 Brasileiro (#) Nov 30th, 2012 - 09:08 pm Report abuse
Briton, Brazil and Argentina are South América. 80% of wealth (PIB, PND). Brazil and Argentina are the history from South América. Two Giants and only one cause. Without Argentina, Brazil dies! Without Brazil, Argentina dies too!
18 British_Kirchnerist (#) Nov 30th, 2012 - 09:40 pm Report abuse
Grea to see Dilma take time out to cement her relationship with Cristina, far more important that the Unasur meeting that they both will miss =) And what a lovely picture, two gorgeous queens =)
19 Captain Poppy (#) Nov 30th, 2012 - 09:57 pm Report abuse
This is the partBK the RG troll missed:

“On textiles it was easier since the two countries have a common enemy: China.”

“Likewise for Brazil it came as a relief that Argentina seems willing to reach some sort of agreement with the non restructured bond holders, an issue which was becoming increasingly uncomfortable for the administration of Dilma Rousseff given the apparent initial intention of her peer not to comply with the rulings of the US courts.”
20 Brasileiro (#) Nov 30th, 2012 - 10:18 pm Report abuse
Poppy, BRazil is member from capitalism, for now, and we wait then Argentina is go to default, and break rules, for us rescue our 400 billions of dollars. They are stoped in USA!
21 Anbar (#) Nov 30th, 2012 - 11:41 pm Report abuse
Cant see any reason why Brazil is at all dependent on Argentina for anything... the only thing Brazil wants to do is keep Argentina from going too far into the Chavez camp...

economically, politically and militarily Argentina is a minnow compared to Brazil.

------

@ British_Kirchnerist
/random platitude
22 Brasileiro (#) Nov 30th, 2012 - 11:45 pm Report abuse
No have military power in South América. Place of peace. No have economic dominance. We are ONE! No have nothing then you know!
23 Captain Poppy (#) Dec 01st, 2012 - 10:50 pm Report abuse
#20 not sure what you mean. My point is that Brazil does not want argentina competing against Brazil in the auto industry and argentina should stick to farming

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