ISDS Case Map
Brazil
Brazil requested Portugal to support an agreement between the Southern Common Market and European Union.
Brazil Trade and Industry Minister Luiz Fernando Furlan said Monday that Mexico could join the South American trade block Mercosur within a year.
Brazil proposed in Montevideo a “new deal” for Mercosur and requested a “credit of confidence” from Uruguay, which has bitterly complained about the group's functioning and is moving closer to United States.
When Indian Prime Minister Manmohan Singh attends the IBSA (India-Brazil-South Africa) summit in Brazil on September 13, one of the main issues on the agenda is the possibility of a trilateral Free Trade Agreement (FTA) between India and the regional groupings in Latin America and South Africa.
The Ministers of Health of ten South American countries issued a
joint declaration on intellectual property committing themselves to
avoid "TRIPS plus" provisions in bilateral and regional trade agreements,
to facilitate the use of compulsory licensing and parallel importing and to
avoid broadening the scope of patentability and the extension of
patentable areas.
COPA the Panamanian airline is now flying the Brazilian company Embraer's E-190 commercial airliners on routes previously dominated by Boeing 737s. This detail highlights broader shifts in the economic balance of power in Latin America away from United States corporations.
Although India, Brazil, and South Africa share bilateral trade agreements amongst themselves, binding trilateral free trade arrangements between the countries are not an option at the present time because of previously signed multinational agreements involving their neighboring nations.
India announced that it is evolving an agreement in maritime shipping within IBSA (India, Brazil and South Africa) and working out modalities to implement the framework agreement in civil aviation in the region. It cautioned, however, that since Brazil and South Africa were members of MERCOSUR and SACU, there were constraints in working out a trilateral FTA within the IBSA framework.
Mercosur is becoming more of a political body than a free-trade advocacy group.
It's Bush vs. Chavez as 33 heads of state meet Friday for Summit of the Americas.
