Brazil leads meeting of Amazon basin Cooperation Treaty in Ecuador

Thursday, May 2nd 2013 - 07:45 UTC

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Brazilian Foreign minister Antonio Patriota arrives Thursday in Ecuador for bilateral talks on trade, investment and immigration, and to attend a day later the Amazon group summit of ministers, reports Itamaraty palace. Read full article

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ChrisR
“Bilateral trade has trebled from 375 million dollars in 2001 to a billion dollars last year, while Brazilian exports to Ecuador increased 152%, imports have increased seven-fold.”

So the reality expressed another way is that Brazilian exports to Ecuador increased 152%, imports from Ecuador have increased 700%! No wonder Patriota has gone to see them.

Imbalance on trade is the order of the day I would imagine.
May 02nd, 2013 - 05:58 pm - Link - Report abuse 0
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