Brazil in recent years has become the main destination for agro-toxic products banned in Europe, United States and most of South America’s countries with strong farm sectors. Brazilian farmers make unrestricted use of ten to twelve chemicals which are specifically banned in the European Union, United States and most of South America claims O Estado de Sao Paulo.
Argentine President Cristina Fernandez de Kirchner promises that ‘there weren't, nor ever will be, barriers’ blocking Brazilian imports’ was received with disbelief by the Brazilian business community.
Brazilian Foreign Minister Celso Amorim was the latest high ranking official to complain about the limitations applied to bilateral trade with Argentina and said it was imperative for the country to understand that Brazil is a huge market.
Argentine President Cristina Fernández de Kirchner assured that there weren't, nor ever will be, barriers blocking Brazilian imports, after holding a meeting in Rio de Janeiro with her Brazilian counterpart Lula da Silva, a gathering she classified as more than good.
South America must recover its military dissuasive capacity so it can say ‘no’ when necessary said Brazilian Defence minister Nelson Jobim following a meeting this week in Montevideo with his Uruguayan counterpart Luis Rosadilla.
Brazilian Finance Minister Guido Mantega suggested the International Monetary Fund (IMF) include China's Yuan and Brazil's Real as conversion currencies for Special Drawing Rights (SDR) of the institution.
Brazil’s central bank chief Henrique Meirelles said he’s “confident” inflation will meet the target because the country has already started raising interest rates. He also admitted that Brazil is seeing “some decline” in exports to Europe as the region’s indebted nations struggle to cut budget deficits.
In the midst of the tension between Argentina and Brazil, President Cristina Fernández de Kirchner will meet Friday with Brazilian President Lula Da Silva after both take part in the 3rd annual United Nations Alliance of Civilizations Summit taking place in Rio do Janeiro.
The Brazilian ruling coalition presidential candidate Dilma Rousseff speaking before industry moguls made a strong defence of Mercosur and criticized the US sponsored Free Trade Area for the Americas.
United States president Barak Obama turned down an invitation from Brazilian president Lula da Silva to visit the country ahead of October 3 when presidential elections are scheduled, reported a newspaper from Sao Paulo.