Brazilian president Luiz Inácio Lula da Silva begins today, March 26, an official visit to Venezuela where he will be meeting with his counterpart Hugo Chavez to discuss industrial and agricultural cooperation.
Regarding FTAA Amorim argued 'it was better for Brazil not to join', because if not 'we would have suffered the impact of the home and credit crisis in the United States'. 'Renowned US economists have stated that one of the reasons why Brazil has become less susceptible to the current crisis in the world is because we diversified our foreign trade. If we had joined FTAA, trade would have concentrated, particularly regarding the United States, and we would have also become far more vulnerable in balance of payments terms'.
Wednesday, March 26, 2008
Subscribe to:
Post Comments (Atom)
It sounded very naive from Mr.Da Silva's Part when he stated that,
ReplyDelete" it was better for Brazil not to join the FTAA, because if we had, we would have suffered the impact of the home and credit crisis in the United States "
I mean, is He telling us that he did not sign a FTAA just because of this reason?
Does He really think that this is the only and worst case scenario that Brazil could've ever faced on a signed FTAA?
Does He really have any Idea what a FTAA is, and how this illegitimate and unconstitutional deal could do to the nation economy, democracy,freedom and sovereignity?
Does He also Know that Brazil's agriculture and food supplies could also suffer from a US-inspired BioFuel free agreement?
Joining the FTAA was like becoming a nation subsurvient to the U.S. It would not be a benefit to any Latin American nation to become a member of the U.S. controlled FTAA.
ReplyDeleteJust look at the blunder made by Costa Rica by signing the CAFTA agreement with the U.S. Now Costa Rica is open to exploitation by the U.S. The U.S. buys raw materials and sells electronic and other finished goods. What about Costa Ricans are they to be left as peons for the Gingos?
Cuba, Venezuela, Bolivia, Ecuador and Nicaraua have excaped from the cluthes of Yanqui imperialism and tey now grow stronger each day because of it. Colombia on the other hand is completely under the control of the U.S. and its puppets. Where people who oppose this are hunted down by death squads and murdered daily.