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Former Brazilian minister blames Argentina for lack of EU/Mercosur trade accord

Thursday, November 20th 2014 - 05:05 UTC
Full article 48 comments

A former Brazilian Development minister and currently member of the board of BRF, one of the world's leading food corporations, Luiz Fernando Furlan said Brazil is far away from world trade agreements and urgently needs to review policies in this area, including participation in Mercosur. Read full article

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  • Troy Tempest

    Finally, someone speaking reason, publicly, instead of following the Argie fiction.

    This makes more sense than writing “Malvinas son Argentina's” on all the buses.

    Nov 20th, 2014 - 06:07 am - Link - Report abuse 0
  • BOTINHO

    A frank and honest statement.

    Argentina is a faulty handbrake that prevents any momentum towards progress for Brasil, and Latin American countries.

    Time to offer a handshake, and a little advice, and cut the umbilical cord of Mercosur membership. Brasil is getting nowhere fast with this Albatross.

    Nov 20th, 2014 - 07:20 am - Link - Report abuse 0
  • Anti-Muppet

    I think this was a long time coming, a forward thinking country like Brazil was bound to want to unshackle itself from Mercosur, now its in the top 8 rich countries, as we all know; you only stay in that position be dealing with other prosperous nations, something which is increasingly hard to do in South America, Brazil needs to not only ensure good export of goods, but seize the opportunity of them exports and thier financial markets through global finances, of which the City of London within the EU is by far the world power house of such markets, the link that connects Europe to America and Asia to South America, Brazil needs trade agreements and the Argentines as per usual hold South America back, Frankly what do the Argentines know about Money or business for that matter, got to feel for the general population with a backwards government like theirs. That said Brazil has some way to go, perhaps this is the voice needed to push that on.

    Nov 20th, 2014 - 09:23 am - Link - Report abuse 0
  • McCool

    Another example of latam solidarity?

    Nov 20th, 2014 - 10:27 am - Link - Report abuse 0
  • Brasileiro

    Someone is lying!

    The productive foreign investment in Brazil continues to grow, a lot.

    http://www2.anba.com.br/noticia/21865634/macro-en/investment-down-in-latin-america-but-up-in-brazil/?indice=0

    With respect to the Stock Exchange speculators who produce nothing, my mistake, they produce misery. These have to be taxed at 90% (profits and losses).

    Nov 20th, 2014 - 10:33 am - Link - Report abuse 0
  • GALlamosa

    Tough call for Brazil. Do they go it alone and become the real powerhouse in South America they have the potential to be (Chile wisely kept out of Mercosur and look at them) or do they try to drag the incapable and the inept along with them. I suspect Ms Roussef will want to stick with her socialist principles and try to drag the others along with her, but bad luck on Brazilians who think differently.

    Nov 20th, 2014 - 10:41 am - Link - Report abuse 0
  • Brasileiro

    Petrobras is a company of the Brazilian government. geared to meet the policies of government and is sure to be the biggest oil company in the world within a few years.

    However, it is not possible to compare Petrobras with other oil companies because Petrobras is not at risk like other companies. If something goes wrong Brazil covers losses if it fulfill its objectives Brazil is who wins.

    Nov 20th, 2014 - 11:07 am - Link - Report abuse 0
  • Idlehands

    I'd never really thought about it before but when I buy coffee I don't ever recall it being labelled from Brazil - and I get through quite a lot of pre ground and raw beans.

    Nov 20th, 2014 - 12:59 pm - Link - Report abuse 0
  • Briton

    Brazilian minister blames Argentina
    well this will put the cat [ CFK ] among the pigeons [ Dilma Roussef's ]
    CFK thinks brazil belongs to her, as she like people to think,

    still,
    if Brazil manages to grasp 'independence (from Mercosur)'
    it can trade itself , long live brazil, nuts ..lol

    Nov 20th, 2014 - 01:05 pm - Link - Report abuse 0
  • MagnusMaster

    Brazil was one of the founding members, they agreed that they couldn't sign a FTA without the other members agreeing to sign it as well. If they don't like it, they can ask to change the rules.
    I don't think Argentina will or should join the Pacific Alliance, even if Brazil does.

    Nov 20th, 2014 - 02:19 pm - Link - Report abuse 0
  • CaptainSilver

    The penny has finally dropped. The lady had a long chat with Obama, Cameron and Merkel at the G20 and its now crystal clear that to move forward she just engage more with them and less with the dark country and its band of crooked and stupid politicians. New developments will soon emerge. Chile is already heading this way.

    Nov 20th, 2014 - 02:55 pm - Link - Report abuse 0
  • ElaineB

    I met the Brazilian Ambassador to Chile at a dinner a few weeks back. There is no doubting what they really think of the mess that is Argentina. It is a lead balloon around Brazils neck.

    Nov 20th, 2014 - 03:15 pm - Link - Report abuse 0
  • SebaSvtz

    They never knew what to do with Mercosur, nor how to do anything useful with it. It never moved beyond a basic customs agreement. Add Argentina´s erratic foreign trade policies from the kirchner era, and there you have its calamitous situation.

    Sad.

    Nov 20th, 2014 - 03:36 pm - Link - Report abuse 0
  • Troll in The Dark

    “Former Brazilian minister blames Argentina for lack of EU/Mercosur trade accord”

    Good!

    Nov 20th, 2014 - 03:37 pm - Link - Report abuse 0
  • golfcronie

    @7
    Comon Brassie, we all know that all your lawmakers have their noses in the trough, how many have been arrested so far? Until Petrobras goes private it won't change. Five previous board members are handing back US$ 164 million which they creamed off , I would say that is the tip of the iceberg, Dilma almost certainly has had her hand in the till. Plea bargaining what a load of shite, lock the bastards away for 30 years and make them serve the time in prison. Maybe, just maybe your people will realise “ YOU DO NOT STEAL”

    Nov 20th, 2014 - 04:19 pm - Link - Report abuse 0
  • yankeeboy

    The Brazilian Real depreciation is going to really hurt Argentina's trade with Brazil.
    Well, what's left of it.

    Its too bad Dilma won and will most likely keep Brazil on the path to Venezuela.
    These stupid Marxists never learn.

    Nov 20th, 2014 - 04:44 pm - Link - Report abuse 0
  • Think

    Anglo Turnipette at (12)...

    Sooo, you met Georges...

    No surprise he doesn't like the present Argentinean administration... Politically, he's a convinced Neoliberal...
    Personally he's great fun to discuss Hugenots and Wittgenstein with....

    Nov 20th, 2014 - 05:22 pm - Link - Report abuse 0
  • ilsen

    I agree. Brazil should leave MercoSur and find its own partners. They certainly can't do any worse.

    Nov 20th, 2014 - 07:38 pm - Link - Report abuse 0
  • Briton

    Well,
    the EU may have a vacancy soon,
    brazil aint that far away,
    surely worth a try..

    Nov 20th, 2014 - 07:41 pm - Link - Report abuse 0
  • ilsen

    @7 brazzaville
    “Petrobras is a company of the Brazilian government.”
    That is where you 'lefties' always go wrong. As a nationalised entity, it is not the plaything and cash-cow of the incumbent party, according to your own ideology it should exist for the benefit of the workers and the nation. Why did billions end-up with corrupt officials and millions spent promoting the PT doctrine both internally and externally?
    If you want to see just how badly this can go wrong just look north to the PDVSA in Vnzla....

    Nov 20th, 2014 - 10:29 pm - Link - Report abuse 0
  • Brasileiro

    @ ilsa

    How many directors of PDVSA were arrested in recent years?

    Venezuela has my respect and admiration, but Brazil is very different from Venezuela.

    Nov 20th, 2014 - 11:04 pm - Link - Report abuse 0
  • ilsen

    @21
    My point exactly, because they are all intertwined in the same corrupt web of deciet, lies and siphoning profits into political activity or for their own personal benefit.

    I love Vnzla, but have zero respect and admiration for the current dictatorship.
    What do you admire? 70% inflation? 3 hour queues for basic staples like chicken, rice, harina pan and basic hygiene products? Or is the 25,000 violent deaths per year in a population of 27 million? US$80/month?
    .
    Is this your future?
    You need to leave MercoSur, now!

    Nov 20th, 2014 - 11:14 pm - Link - Report abuse 0
  • Brasileiro

    I remember the presidency of Carlos Andres Perez, when Venezuela had its oil extracted by major US oil companies. At that time there was a proud Venezuelan elite, but the vast majority of the people were very poor and did not enjoy the petrodollars. I also remember that in the last decade the Venezuelan elite emigrated to the United States. Ie, left the country.

    So I'm imagining that there was a great partnership between the elite and the United States to steal the Venezuelan poor.

    What do you think?

    Nov 20th, 2014 - 11:40 pm - Link - Report abuse 0
  • Think

    Speaking about Oil...
    Baaaaad news for the Engrish Pirate Oil Exploitation in the South Atlantic...:
    ”Credit Suisse has cut its investment rating on Premier Oil (LON:PMO) to ‘neutral’ from ‘outperform’ stating that, based on its revised assumptions, it sees production and CFFO experiencing no growth until 2018 (Catcher) and no material growth until 2019, when it reckons Sea Lion will begin to ramp up.

    The broker added: “The Falklands exploration from 2Q-4Q15 is make or break. If successful, PMO's acreage could become an attractive, strategic asset. If disappointing, a Sea Lion sale could become difficult.”

    Analysts have cut their target price to 283 pence a share from 355 pence.

    Earnings per share estimates have been slashed to US$0.28 (from US$0.50) for fiscal year 2015 and to US$0.29 (from US$0.40) for 2016.

    At 3:41pm: (LON:PMO) Premier Oil PLC share price was -13.9p at 232.1p

    http://www.iii.co.uk/stockmarketwire/206516/premier-oil-downgraded-credit-suisse?context=LSE:PMO

    Nov 21st, 2014 - 12:01 am - Link - Report abuse 0
  • ilsen

    I do not deny that Vnzla has a history of a select elite plundering the country. I have never said any different.
    I think it was bad before the Chavismo, but I think it is worse now.
    I have never said it was paradise before, I agree there were many problems with that elite, with that situation. Many, many things were wrong.
    However, I think chavismo is destroying, not improving the country. They have taken a bad situation and made it tragically worse.
    That is what I think.
    I have a lot of personal experience of Vnzla over the past 20 years and I have a very good understanding and knowledge of the history.
    What do you think?
    (the 'Brasileiro' with some education, not the other ones!)

    Nov 21st, 2014 - 12:07 am - Link - Report abuse 0
  • Troll in The Dark

    Keep blocking all foreingers Argentina. They have almost nothing that we really need at the end of the day.

    Nov 21st, 2014 - 02:17 am - Link - Report abuse 0
  • ilsen

    @26
    except the internet, eh?

    Nov 21st, 2014 - 02:34 am - Link - Report abuse 0
  • Troll in The Dark

    The internet is not foreign. Northern “education” at work obviously.

    Nov 21st, 2014 - 02:38 am - Link - Report abuse 0
  • BOTINHO

    IF that includes China and Exxon, by the end of the day you will have nothing.

    Nov 21st, 2014 - 02:39 am - Link - Report abuse 0
  • Troll in The Dark

    @29

    Clearly you think of Argentines as ranking somewhere between warm-lake amoebas and a retro-virus. You are wrong of course, but you are the product of your northern “education”, clearly.

    Nov 21st, 2014 - 02:43 am - Link - Report abuse 0
  • imoyaro

    @30

    Nah, I just think of you as a frustrated lance wielding head chopper based on your posts. I let other Argentines speak for themselves. ;)

    Nov 21st, 2014 - 03:52 am - Link - Report abuse 0
  • BOTINHO

    29-

    Troll, it is common sense really.

    But if you mean by “ Northern Education, ” Pontifícia Universidade Católica in Rio, then you are correct.

    I am fortunate to have a few friends and colleagues from Argentina, and they like I, have problems understanding the current government in BA, as well as our own. I even look forward to hosting a few at parties when they visit here. Our discussion run well into the night and mornings in an open frame of mind and conversation, which is at least possible in Brasil.

    Repeating tired slogans accomplishes nothing but brainwashing. That may then actually support your theory regarding anoxic encephalopathy and cerebral-amoeba like conditions developing.

    Nov 21st, 2014 - 05:51 am - Link - Report abuse 0
  • Troy Tempest

    32 Botinho

    They are DEVOLVING and in a steep decline.

    Interesting that you differentiate between Brazil and Argentina, when you speak of ”an open frame of mind and conversation'.

    Nov 21st, 2014 - 07:04 am - Link - Report abuse 0
  • Brasileiro

    @22
    “You need to leave MercoSur, now!”

    Why? Venezuela has now arrived and still does not even adjusted the customs rules.

    The size of trade between Brazil and Mercosur is almost the same size of trade between Brazil and USA.

    Brazil should leave Mercosur? Why? Westerners have a very politicized vision of trade, is not it?

    And now a youtube video for entertainment of this good people.

    https://www.youtube.com/watch?v=SiE8rHLMp4A&list=FLmXPTu1f8AdGlizWNiASx2A&index=2

    Nov 21st, 2014 - 10:54 am - Link - Report abuse 0
  • yankeeboy

    Toby still seems to forget every major employer in Argentina is foreign.

    Well of course except for the Arg Fed Gov't which now has 2X more employees than the Fed Govt of the USA.

    Rgs are silly creatures.

    Nov 21st, 2014 - 11:03 am - Link - Report abuse 0
  • BOTINHO

    Troy-

    We are neighbors, but different by language, and history.

    I had a Spanish teacher from Argentina when I was younger, of Japanese ancestry. He was constantly amazed how Brasilians got along with each other, and once said that “ A Brasilian could laugh at himself, but an Argentine could never allow that, and would be slighted and incensed at any comment seen as personal. ”

    That apparently goes for any and all advice on trade, and governance by Brasil to Argentina. As this article suggests, many here see the reality with stubborn, neighbors living in the past, and would like to drop the drum beat slogans, and childish destruction of Porsches over a perceived license plate insult.

    It's time to get together as countries, get out of the Third World rut, and move ahead on trade and development with the rest of the world.

    Nov 21st, 2014 - 05:11 pm - Link - Report abuse 0
  • Jack Bauer

    BrazzoBosta
    @5
    “The FDI influx to Brazil, however, is expanding. The country was targeted by US$ 42 billion in investments from January through August 2014, up 8% from the first eight months of 2013, according to the Eclac and Brazil's Central Bank.”

    Make up your mind you bullshitter....in most of your ridiculously stupid posts, you claim Brazil does not want, nor needs foreign investment....so the above should make you very unhappy....money from the “western” (??) to buy Brazil....

    @7
    you have once again proved you are an ignorANUS...
    “However, it is not possible to compare Petrobras with other oil companies because Petrobras is not at risk like other companies. If something goes wrong Brazil covers losses if it fulfill its objectives Brazil is who wins.”

    Compare Petrobrás with other oil Co.s , because it is “not at risk”?? only 185 billion dollars in debt, it's 2014 profit more than compromised by theft and corruption......but ONE thing you are right about , something has already gone VERY wrong, and the Brazilian taxpayer - obviously not you - will have to bail the company out.
    @21
    While VZ has to be respected as a country, it's government is nothing to be proud of....but you are too stupid to understand that aren't you, you pathetic ignorANUS ?

    BUT, getting back on topic, if it wants to get ahead, Brazil has to unshackle itself from this doomed Mercosul shite ...

    Nov 21st, 2014 - 05:33 pm - Link - Report abuse 0
  • Troy Tempest

    36 Botinho

    Thanks for sharing your insight.

    It's interesting to hear candid grassroots comments.

    Your remarks seem to ring true when we witness the behaviour of the angry defensive Arg. Trolls.

    Nov 21st, 2014 - 08:17 pm - Link - Report abuse 0
  • Brasileiro

    Argentina is our ally and neighbor. No country in the world exists that is equal to another. Argentines are a people of South America that lives in peace with its neighbors and has every right to claim the islands that lie off its coast.

    I do not believe that the Falklands have the settlement profile, I think that England/Britain only wanted an outpost to control the Strait of Magellan and influence the American South. Where that the British Empire never had presence.
    I also believe that England/Britain used the strength of their weapons to intimidate and expel the Spanish/Argentine from Malvinas and deploy families willing to serve British interests and promote British expansion into the South American continent.
    The expansion within the continent would only be possible if Argentina were to fragment or a country without national identity.
    The British expansion has not happened in South America. The Falklands Islands are isolated since then, causing a huge loss to the relationship of England/Britain to South America.

    We South Americans are not enemies of the English, or the Argentines are.
    We must find a way to trigger ...... peace.

    Cristina Kirchner is not a statesman.

    May be in the future....

    Nov 21st, 2014 - 09:03 pm - Link - Report abuse 0
  • Jack Bauer

    @39, BrazzoBullshitter
    What philosophical crap.....Was it a group effort ? anyway, let’s see…
    1) “No country in the world exists that is equal to another”..........Nooo, you don't say ?
    2) “Argentines are a people of South America that lives in peace with its neighbors”.......Not really - in 1978 they nearly went to war with Chile over the islands of Picton, Lennox and Nueva, in the Beagle Channel....in 1982 they attacked the Falkland Islands...and since then keep on with the empty, meaningless threats....seems they have a 'thing' with Islands that aren't - and never will be - theirs.
    3) “I do not believe that the Falklands have the settlement profile”.........ah, really ? and what sort of profile do they have ? please do tell us.
    4) “ I think that England/Britain only wanted an outpost to control the Strait of Magellan and influence the American South.”.......and so what ? In those days Spain and England were in a constant state of belligerence, so what the hell do you expect ??
    5) “I also believe that England/Britain used the strength of their weapons to intimidate and expel the Spanish/Argentine from Malvinas ”......Do you now ? In 1833 they invited the small Argie garrison, which should never have been there in the first place, to screw off - they could have, but didn't kill them - and allowed those who wanted to stay, to remain...
    6) The Falklands Islands are isolated since then, causing a huge loss to the relationship of England/Britain to South America”.......A loss to the relationship between England & South America ???... Just with the Argies, and not much of a loss. D'you think that the rest of South America cares about the ridiculous Argie claim ??? Oficially, perhaps, but under the surface, not a chance.
    6) “Cristina Kirchner is not a statesman”......most definitely not......not even a Stateswoman. Just a wannabe dictator.

    C'mon ignorANUS, keep us laughing....

    Nov 21st, 2014 - 10:43 pm - Link - Report abuse 0
  • Brasileiro

    Your time is running out, idiot!

    Nov 21st, 2014 - 10:57 pm - Link - Report abuse 0
  • Think

    TWIMC

    Bit out of topic......... but great news for Argentina...:

    “The United States judicial system may turn out to have greatly overreached its authority and be forced to back down.”
    http://www.nytimes.com/2014/11/21/business/international/in-argentinas-debt-case-no-winners-but-a-lot-of-losers.html?_r=0

    Chuckle, chuckle and.................... chuckle...

    Nov 21st, 2014 - 11:06 pm - Link - Report abuse 0
  • Brasileiro

    Congratulations Think!
    Congratulations Argentina!
    Congratulations South América!

    Nov 21st, 2014 - 11:09 pm - Link - Report abuse 0
  • Troy Tempest

    Deadbeats,

    Did you read the article?
    “But it will be decades before all outstanding international bonds mature and can be replaced by bonds with the new provisions, and it is not certain those provisions would be sufficient to keep holdouts from blocking a needed restructuring.”

    Nothing is going to change.

    And the article and the writer, neglect to mention that Argentina, agreed to abide by the Juridiction of the NY Courts, as a guarantee to the creditors.
    They also had to agree that they would not wuicy for the Sovereign Debt loophole that would let them slip out of paying - Judy as they are trying to do just now.

    An opinion piece about reform.

    Nov 22nd, 2014 - 12:17 am - Link - Report abuse 0
  • yankeeboy

    42. Stink, If NYT opinion pieces were accurate Obama would be the Enlightened Benevolent Dictator of the World by now.

    Alas its just an opinion.
    By a Progressive that has a skewed view of how the world really works.
    Like you.

    Nov 22nd, 2014 - 02:23 pm - Link - Report abuse 0
  • Jack Bauer

    @44 Troy
    in reply to your opening question to the deadbeats, I think the answer is “obviously not”.......but then again, El“Stink' has been showing signs of dementia, and the Brazzo ? well, he can hardly write anything that makes sense, far less understand the article.

    My post of yday, under headline ”Petrobras corruption : Plea bargains etc...” (@9), addressed to El “Stink’ , aka the Chubut Turnip, was cut short…here’s the rest of it :-


    “”Besides the very high probability that Lula’s fortune is in fact in some offshore tax haven , two years ago, a group of lower ranking IRS officials made a move to investigate Lula…and his son…their attempt was blocked when Lula complained to Dilma and she instructed them to back off…simple as that…it was all over the news at the time. A few well known journalists, over the past 6 or 7 years, have had the balls to speak out, but paid a heavy price for their frankness - they were “removed”…a few names ? Arnaldo Jabor, Ricardo Boechat, Joelmir Betting, Boris Casoy, Raquel Sheherazade…”that” is the PT style of ‘democracy’, the PT’s idea of free-speech…”say what you want, as long as you don’t attack us”. And do you “really” think that Lula would tell the truth about his son ?? c'mon, you naïve turnip, thought you were smarter than that….You may be an expert on the dump where you hide out, but don't pretend you know everything about the bearded toad.

    Appears you have made a life-long friend out of the Brasileiro burro @7…he’ll latch on to you like a leech.
    His opinion that I am “either a shameless liar or a criminal who should be prosecuted for breaking the tax and financial secrecy of Mr. Lula and his son”, just confirms he believes his hero is above the Law........Brazzo is just a poor ignorANUS.

    @41 Brazzo Bosta
    Ever consider that yours might be ? ignorant cnut !

    Nov 22nd, 2014 - 06:11 pm - Link - Report abuse 0
  • Troy Tempest

    Jack,

    Thanks for posting all this information!

    It's really good to hear what's going on, behind the lines, in the Socialist Dictator's camp.

    Nov 22nd, 2014 - 09:47 pm - Link - Report abuse 0
  • ilsen

    well done JackB!
    Good effort.
    Thank you.

    Nov 24th, 2014 - 12:36 am - Link - Report abuse 0

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