|
 Brazil and Argentina, Mercosur senior members, agreed to sponsor an increase in the common external tariff (AEC) on several products from third countries, during a meeting this Monday, November 17, of the Bilateral Trade Monitoring Committee held in Buenos Aires.
Some of the products included are wines, peaches, dairy produce, textiles, leather goods, wood furniture, according to a release from the Argentine Industry Secretary.
The proposal will be considered during the group's coming summit next December in Brazil. At the meeting Argentina was represented by the Industry Secretary Fernando Fraguio and Brazil by the Deputy minister Walter Barrar.
According to Buenos Aires press reports, Argentina was most concerned about the increase in imports from Brazil particularly in such sectors as metal-mechanics, auto parts and other manufactured goods.
Brazil on the other hand expressed dismay at the Argentine government extended implementation of the non automatic licenses regime for textiles and television sets.
This was the first meeting of the bilateral trade monitoring committee since the global crisis broke out a couple of months ago which has Argentine manufacturers particularly sensitive to any loss of market or and jobs.
Earlier this year Argentina and Brazil agreed on a car manufacturing deal which manages bilateral trade for the sector until 2013, when theoretically the market will begin to be gradually opened.
Bilateral trade has been negative for Argentina for the last 65 months running and so far this year is above US$ 4 billion, 14.6% higher than in the same period a year ago.
However it is believed the trade figures still don't indicate the impact of the brusque devaluation of the Brazilian currency Real against the US dollar in the range of 35 to 40%, compared to a more modest evolution of the Argentine peso.
"So far in October the strong depreciation of the real has not reflected on imports; on the contrary trade that month tends to level because of a general decline in imports particularly from Argentina," according to economic consultants Abece in Buenos Aires.
Even when the different size of the two economies is significant, and Brazil has a more pro-business policy, trade interdependence between the two neighbors is increasing.
Argentina sells to Brazil mostly cars, auto parts, fuel, wheat, plastic goods and is the third supplier, behind the United States and China. Argentina imports from Brazil, its main trade partner, cars, auto parts, cellular phones, cargo transport, aluminum oxide, tractors, lubricants, iron plating, shoe wear and tires.
Apparently during the meeting in spite the fact the automobile industry in both countries is going through difficult times, the Brazilian delegation said that the recent decision from the federal government and the state of São Paulo to inject billions of US dollars to promote sales, "will have a positive impact for Argentine exports".
The Argentine Industry Secretary release makes no mention of junior Mercosur members Paraguay and Uruguay that routinely complain because they are left aside of all major decisions from the block plus being exposed to arbitrary trade practices by the two senior members.
Mercopress
 |
Subscribe to this comment's feed
Brazil received a huge boost in its international image with its selection as the host of the 2016 Olympics, but it was really just the cherry on top of the overall recognition of the country's ascension to the ranks of one of the world's most important countries. Now, as it finally takes its place on the world scene, there has been a great deal of concern about what kind of image Brazil hopes to project, now that the world is really paying attention. 
The only good thing to say about the visit to Brazil of Iran's president, Mahmoud Ahmadinejad, on Monday November 23, is that it was mercifully short and lasted less than 24 hours. Ahmadinejad had his picture taken being hugged by president Luiz Inácio Lula da Silva who gave him a warm welcome and said Iran had every right to develop nuclear energy for peaceful purposes. 
The small, coastal town of Condé is located just a twenty minute's drive from João Pessoa, the capital of Paraíba. The Northeast of Brazil has historically been a place of encounter and mixing between peoples. For millenia groups of indigenous people fished, farmed, migrated and sometimes fought along this large, fertile area. 
The Brazilian diplo-MÁ-cia (bad diplomacy) carries on its accelerated course towards the non-acknowledgment of human rights, although sometimes it takes pleasure in saying that it does precisely the opposite. The visit of Iran's president, Mahmoud Ahmadinejad, is another example of a diplomatic omission that verges on hypocrisy. 
On July 4, 2006, representatives of Argentina, Brazil, Paraguay and Uruguay met in Caracas to sign the protocol for the entrance of Venezuela into the Southern Common Market (Mercosur). After two and a half years, the protocol was approved by the legislative bodies of Argentina and Uruguay, and as of now it may be only days away from being ratified by the continent's economic megalith, Brazil. 
Some sectors of the fight against AIDS have suggested that Thabo Mbeki, the former president of South Africa, committed genocide through his absence from the fight against the illness in his country throughout his two terms. 
One hundred and eleven years after Brazil abolished slavery, the number of workers deprived of their freedom is still huge. They raise cattle, produce charcoal, sugar cane or timber. Some of them, most undocumented Bolivians, work in basements of small apparel factories in São Paulo and other metropolis. 
On November 7, 2009 a few friends and I had an opportunity to take a look inside a Brazilian jail outside the city of Rio de Janeiro. We were able to take some amateur footage of our experience on video (see link below). It's no surprise, of course, that the typical Brazilian jail lacks some of the functionality of those in North America or Europe, but our experience that day was quite shocking. 
Depletion of the Amazon Rainforest is not a new concern facing environmentalists, biologists, ecologists, and a growing number of the Amazonian indigenous peoples. For decades they have feared for the fate of the world's most biologically diverse and species-rich hothouse. 
Geisy Arruda made history this week in Brazil, but for all the wrong reasons. What began as a poorly planned fashion statement has become a worldwide tale. Geisy decided to wear a pink mini-dress to her private college in São Paulo state, and after that, all hell broke loose.
Ohhhh you meant FOR EXPORTS ONLY ?????
Never forget....cheaters always cheat, liars always lie, hiders always lie ! Proven...once more !!!!!
LAUGH....LAUGH...LAUGH...LAUGH...LAUGH !!!!!!!
Good byyyyye Brazil, good byyyyye Brazilian Reals !!!!!! Good byyyyyyye large trade surplus...already coming down down down !!!!!!
Hopefully....Europe, the USA and China will also increase import taxes on.... South America....SOYABEANS...SOYABEANS MEAL, SOYABEAN OIL, CORN...MEATS.....PORKS...ORANGE JUICE....CHICKENS, IRON ORE, METALS.
Or why not find a sanitation problem on Mercosur red meats, porks and chickens !!!!
Problem solved. Products BANNED ! simple !
This will be good for your poors ! More affordable food...finally !