Back

Weekly Report - 6 December 2007 (ISSN 1741-7422)

BRAZIL: Delays in congress embarrass Lula abroad

The ratification by Brazil's congress of Venezuela's membership in Mercosur is just the most prominent of a long list of accords signed by the executive with foreign governments that are still waiting for congressional approval. With the WTO trade liberalisation round now expected to fail, these delays will result in significant losses for Brazil. Indeed, it will most likely have to sign individual trade agreements with other nations, most of which contain technical and tariff details that do not survive the average four years needed to have a deal ratified by congress.

End of preview - This article contains approximately 465 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.