France and six other countries expressed concern before the European Union about the competition consequences for the farm sector in the event of an agreement with Mercosur.
Brazilian president Lula da Silva thanked the United Nations for the two prizes awarded for his leadership in fighting hunger and poverty with a strong speech condemning rich countries, global speculation and “capitalist myopia”.
French resistance to the resumption of Mercosur European Union trade talks caused great disappointment among the block’s members, but Brazil believes it has a strong bargaining chip for a greater opening of the European agriculture market: the several billions US dollars fighter planes contract for the Brazilian Air Force.
After the European Commission proposed the resumption of negotiations with Mercosur, France released a warning message to the European Commission and assured that—if the talks are reactivated—both French and European agriculture would be in danger of a potential damage.
Production Minister Débora Giorgi came out to stage on Thursday to support Argentina's trading policies after comments made by China's Vice Minister of Commerce JIang Yaoping, who claimed the Argentine Government is increasingly promoting trade protectionism against Chinese products.