Political Risk Latin America Blog @PolRiskLatam

Brazil reiterates significance of Mercosur and strategic relation with Argentina

Posted in News and Articles, Political Risk by politicalrisklatam on March 23, 2011

by Merco Press News, March 23rd, 2011.

Brazil reaffirmed the significance of Mercosur for President Dilma Rousseff administration’s foreign policy and underlined the strategic relation with Argentina, Brazil’s main associate in the trade block.

Speaking with foreign correspondents ahead of Saturday’s 20th anniversary of Mercosur, Brazil’s Foreign Affairs minister Antonio Patriota said that for Brazil, “South America was central and in particular Mercosur and inside Mercosur, Argentina that has become a pillar for our regional relations”

The Asunción Treaty which is the founding block for the Common Market of the South, Mercosur was signed 26 March 1991 in Asuncion, Paraguay with Argentina, Brazil, Uruguay and Paraguay as full members.

Patriota recalled that in the last Mercosur summit at the Brazilian city of Foz de Iguazu, “we were able to verify the degree of development of Mercosur members’ economies and the growing interest that Mercosur attracts internationally”. (continue reading… )


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