Economy and Trade

Mercosur and EU hold summit in Peru

EU representatives and the heads of state of the Mercosur countries have renewed their commitment to strengthening their political, economic and commercial relations. Read more

Brazil achieves 'investment grade'

On 30 April the influential credit-rating agency Standard & Poor's promoted Brazil to investment grade, reflecting the increasingly secure environment the country offers to foreign investors. Read more

President defends Brazilian biofuels

President Luiz Inácio Lula da Silva has strongly rejected accusations that Brazil's sugarcane-based biofuels programme is harmful to the environment and a contributory factor in the increase in global food prices. Read more

Brazil's economic growth gathers pace

Brazil's Gross Domestic Product increased 5.4% in 2007, the fastest rate of growth since 2004. Read more

Significant rise in Brazilian direct investment abroad

An UNCTAD report shows that in 2006, for the first time ever, Brazilian direct investment abroad exceeded total inflows. Read more

Brazil-US dispute over cotton subsidies

A WTO panel has ruled in favour of Brazil in the dispute regarding US cotton subsidies. Read more

Brazil hasn't given up on Doha Round, says finance minister

Brazilian finance minister Guido Mantega says Brazil is interested in resuming the Doha Round of world trade negotiations. Read more

Statement of the Group of Four on Trade

G4 Statement on Trade from Brussels: Minister Celso Amorim (Brazil), Commissioner Peter Mandelson (EU), Minister Kamal Nath (India), Ambassador Susan C. Schwab (US). Read more

President Lula says agreement on agricultural subsidies within reach

An agreement regarding agricultural subsidies in the Doha Round of World Trade Organisation negotiations could be reached within a month, President Lula said today. Read more

Government launches economic growth programme

The Growth-Accelerating Programme (PAC) is the biggest investment project in Brazil in the last 40 years. Read more

Brazilian agricultural exports almost double in five years

Figures released by the Ministry of Agriculture, Livestock and Supply show that Brazil’s agricultural exports rose from US$ 24.8bn to US$ 49.4bn between the beginning of 2002 and the end of 2006 – an increase of 99%. Read more

Amorim says Brazil and US share desire for progress in WTO negotiations

Brazilian foreign minister Celso Amorim met with US trade representative Susan Schwab in New York on 3 January. Read more