Brazil has plans to counter the latest battery of trade restrictions which Argentina announced, if they turn out to the barriers for Brazilian exports, reported the influential Folha de Sao Paulo.
Reacting to Brazil’s trade minister Fernando Pimentel comments describing Argentina as “a permanent problem” Industry Minister Debora Giorgi said that “the trade balance reality between Argentina and Brazil does not warrant Pimentel's complaints”.
The head of the Argentine Industrial Union (UIA), José Ignacio de Mendiguren said on Thursday that the complaints from Brazil over the Argentine import restrictions are “unjustified”.
Foreign Secretary William Hague during a major speech on foreign policy in Brazil said that the UK will always uphold sovereignty over the Falkland Islands and the rights of the Islanders to self determination.
HRH Prince Harry will visit Brazil in March, Foreign Secretary William Hague confirmed on Thursday. Hague is currently on a two-day visit to Brazil and made the announcement during a press conference next to Sérgio Cabral, Governor of Rio de Janeiro.
Brazil’s central bank indicated on Wednesday it will keep cutting interest rates at the current pace after it reduced borrowing costs by a half-point to 10.5%, for a fourth straight meeting.
Beer must be sold at all venues hosting matches in the 2014 World Cup in Brazil, football's world governing body, Fifa, has insisted. Fifa General Secretary, Jerome Valcke, said the right to sell beer must be enshrined in a World Cup law the Brazilian Congress is considering.
Industry and Foreign Trade minister Fernando Pimentel expressed on Wednesday the Brazilian government’s deep disappointment with the latest Argentine legislation to be implemented on trade saying that Argentina is “a permanent problem”.
Brazilian president Dilma Rousseff will be meeting her US peer Barack Obma next March when she is also scheduled to hold talks with Germany’s Chancellor Angela Merkel and attend a BRIC group summit.
Britain's Foreign Secretary William Hague praised Brazil's growing economic and political power as he opened two days of talks with the country's leaders, and also assured that British policy on the Falkland Islands will not change despite pressure from Argentina.