Brazil wants a more flexible dynamic Mercosur which allows member countries to reach autonomous agreements with third parties, that can help overcome the de-industrialization process suffered by recent “populist governments”, said Brazilian foreign minister in a speech to the Sao Paulo State Federation of Industries, FIESP.
Brazil is preparing to implement more strict controls on imports from Asia, particularly China arguing that Beijing will try to take advantage of the positive performance of South America to compensate for the fall of sales in the European Union and the US currently under the burden of the Euro and debt crises.