In an interview to ANBA, Egyptian World Trade Organization negotiator Magdi Farahat, who signed a framework agreement with the South American bloc yesterday believes in improvement of relations between the countries involved in various levels, not just economic, but also in the cultural and political area. To him, south-south trade should be the basis for development.
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The goal is to accept into the bloc countries that would like to join, but do not yet meet the necessary prerequisites. Venezuela and Mexico fit into this category.
Isaura Daniel, special envoy Puerto Iguazu (Argentina) – The flow of tourists on the border between the Brazilian municipality of Iguaçu Falls and the Argentine city of Puerto Iguazu increased about 20% this Wednesday (07) due to the meeting. Normally 3,000 people pass through the area, according to information from the Misiones Provincial Police. The
Besides its regular commercial bustle, the Argentine border city gained an air of diplomacy. Around 900 people, including representatives from Mercosur member countries, guests and journalists, will participate in the South American bloc summit that lasts until this Friday (09).
The signing will be the official release of discussions for the tariff preference agreement to be completed up to the end of the year. Today, the Egyptian WTO negotiator, Magdi Farahat, will be at Grand Hotel Iguazú, in the Argentine city of Puerto Iguazú, for the opening of the Mercosur summit. Apart from Egypt, the Gulf Cooperation Council (GCC) has also asked for initial negotiations regarding a free trade accord with the bloc.
The Gulf Cooperation Council, which includes Saudi Arabia, Bahrain, the United Arab Emirates, Kuwait, Oman, and Qatar, has shown countries in the South American bloc formal interest in establishing a trade accord. Egypt, another Arab country, will be signing a framework agreement with the Mercosur in Puerto Iguazú tomorrow.
Agência Brasil Brasília – An August meeting of the Biregional Negotiating Committee (CNB) for a Mercosur-European Union free trade zone will be held in Brasilia. Meanwhile, this month, between the 19th and 23rd, the CNB will meet in Brussels for a discussion of technical issues. Mercosur and the EU are discussing a wide range of
Agência Brasil Brasília – The Brazilian government was pleased with the results of the World Trade Organization (WTO) meeting that ended this weekend in Geneva, Switzerland. Brazil and other developing countries achieved a major victory over the rich nations: the inclusion of an agreement to eliminate agricultural export subsidies in the document approved by the
According to information supplied by the Brazilian Foreign Office (Itamaraty), the offer includes privileged treatment to companies that create physical presence in the country. Among the sectors included are consultancy, market research, equipment maintenance, photography, tourism, construction, and sports, among others.
The secretary general of the Argentine Arab Chamber of Commerce, Sattam Al Kaddour, affirms that the bloc needs approximation with the Arab world as a whole. At the Mercosur summit next week, Egypt will close a framework agreement with the four South American countries that are members of the group, Argentina, Brazil, Paraguay, and Uruguay. Morocco manifested, at the beginning of this year, interest in a treaty with Mercosur, the common market of the South.
The Brazilian president believes in the meeting of heads of state, which was his idea and should take place early next year. At the opening ceremony of the Brazil-Colombia Business Roundtable, he spoke of the integration of South America and the increased participation of developing countries in international trade.
With this phrase, the Brazilian ambassador summarized the accomplishments of the 11th United Nations Conference on Trade and Development (Unctad), which finished in São Paulo today (18). To him, the developing nations left conscious of the need for diversification of their economies.
